if a businesss operating expenses are 130000 per month how much money does the company spend on employee wages and beneits
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ATI TEAS 7

TEAS Test Practice Math

1. If a business's operating expenses are $130,000 per month, how much money does the company spend on employee wages and benefits?

Correct answer: B

Rationale: To calculate the amount spent on employee wages and benefits, we need to find two-thirds (2/3) of the total operating expenses of $130,000. This equals $86,666.67, which is the correct answer. Choice A ($43,333.33) is incorrect as it represents one-third of the total expenses. Choice C ($52,000.00) and Choice D ($78,000.00) are also incorrect as they do not correspond to two-thirds of the total operating expenses.

2. Simplify the expression. What is the value of x? (5/4)x = 20

Correct answer: D

Rationale: To solve for x, multiply both sides by the reciprocal of 5/4 to isolate x. (4/5)(5/4)x = (4/5)20; x = 16. Therefore, the correct answer is 32. Choice A (8), Choice B (16), and Choice C (24) are incorrect as they do not represent the correct value of x obtained after correctly simplifying the expression.

3. What is 2.7834 rounded to the nearest tenth?

Correct answer: C

Rationale: To round 2.7834 to the nearest tenth, we look at the digit in the hundredths place, which is 8. Since 8 is greater than or equal to 5, the digit in the tenths place is rounded up. Therefore, 2.7834 rounded to the nearest tenth is 2.8. Choice A (2.7) is incorrect because rounding down would require the digit in the hundredths place to be less than 5. Choice B (2.78) is incorrect because rounding to the nearest tenth involves considering the digit in the hundredths place. Choice D (2.88) is incorrect as it goes beyond rounding to just the nearest tenth.

4. The cost of renting a bicycle is $3.60 per hour. Which equation shows the best relationship between the total cost (C) and the number of hours (h) rented?

Correct answer: A

Rationale: The best relationship is C = 3.60h because the cost increases by $3.60 for each hour of rental. This equation represents a linear relationship where the total cost (C) is directly proportional to the number of hours rented (h). Choice B (C = h + 3.60) is incorrect because it wrongly assumes a fixed additional cost of $3.60 regardless of the number of hours rented. Choice C (C = 3.60h + 10.80) is incorrect as it overestimates the initial cost. Choice D (C = 10.80h) is incorrect as it implies a constant rate of $10.80 per hour, which is not the case.

5. Veronica decided to celebrate her promotion by purchasing a new car. The base price for the car was $40,210. She paid an additional $3,015 for a surround sound system and $5,218 for a maintenance package. What was the total price of Veronica’s new car?

Correct answer: B

Rationale: To find the total price of Veronica's new car, add the base price, the cost of the surround sound system, and the cost of the maintenance package. Calculation: $40,210 (base price) + $3,015 (sound system) + $5,218 (maintenance package) = $48,443. Therefore, the correct answer is $48,443. Choice A, $50,210, is incorrect as it does not include the maintenance package cost. Choice C, $43,225, is incorrect as it only considers the base price and the maintenance package but omits the sound system cost. Choice D, $40,210, is the base price alone and does not account for the additional costs of the sound system and maintenance package.

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