Master Addition and Subtraction: Essential Math for Business Success

Question 1

What is the sum of 456.789 and 123.456?

Accepted Answer

581.245

Answer

580.245

Answer

582.245

Answer

583.245

Question 2

Subtract 25.75 from 100.00.

Accepted Answer

74.25

Answer

74.35

Answer

75.25

Answer

75.35

Question 3

A salesperson earns a commission of 15% on each sale. If they sell $5,000 worth of products, calculate their commission.

Accepted Answer

$750

Answer

$500

Answer

$1,000

Answer

$1,250

Question 4

A store aims to increase its sales by 20%. If current sales are $10,000, calculate the targeted sales after the increase.

Accepted Answer

$12,000

Answer

$11,000

Answer

$13,000

Answer

$14,000

Question 5

Convert the mixed number 2 1/4 to a simplified improper fraction.

Accepted Answer

9/4

Answer

10/4

Answer

11/4

Answer

12/4

Question 6

A company has a budget of $12,500. It spends $4,250 on supplies and $2,765 on salaries. How much of the budget remains, rounded to the nearest dollar?

Accepted Answer

$5,585

Answer

$5,485

Answer

$5,685

Answer

$5,785

Question 7

A customer owes $150 for a purchase. They pay $75 upfront. How much do they still need to pay?

Accepted Answer

$150 - $75

Answer

$150 + $75

Answer

$75 - $150

Question 8

Express the fraction 5/8 as a decimal.

Accepted Answer

0.625

Answer

0.5

Answer

0.75

Question 9

A company has a checking account balance of $5,678.23. They deposit a check for $1,234.56 and then write a check for $350. What is their new checking account balance?

Accepted Answer

$6,562.79

Answer

$5,552.79

Answer

$4,903.67

Answer

$6,912.79

Question 10

A clothing store has a 25% discount on all shirts. If a shirt originally costs $30, what is the discounted price?

Accepted Answer

$22.50

Answer

$7.50

Answer

$25

Answer

$37.50

Question 11

A company has an annual revenue of $120,000 and expenses of $95,200. What is their net income (profit)?

Accepted Answer

$24,800

Answer

$120,000

Answer

$95,200

Answer

$215,200

Question 12

A company has a sales goal of $500,000. They have already achieved 65% of their goal. How much more sales revenue do they need to meet their goal?

Accepted Answer

$175,000

Answer

$125,000

Answer

$250,000

Answer

$325,000

Question 13

A store offers a 25% discount on all items. If a shirt originally costs $20, calculate the discount amount.

Accepted Answer

$4

Answer

$5

Answer

$6

Answer

$7

Question 14

A company's sales dropped by 5% compared to last month. If last month's sales were $120,000, what are the sales for this month?

Accepted Answer

$114,000

Answer

$126,000

Answer

$108,000

Question 15

A product has a cost price of $15.00 and a selling price of $22.50. Determine the profit margin on each unit sold.

Accepted Answer

$7.50

Answer

$15.00

Answer

$5.00

Answer

$12.50

Question 16

A company has a revenue of $100,000 and expenses of $75,000. Determine their net income.

Accepted Answer

$25,000

Answer

$175,000

Answer

$125,000

Answer

$75,000

Question 17

A store purchases a product for $10 and sells it for $15. Calculate the percentage profit margin.

Accepted Answer

50%

Answer

75%

Answer

25%

Answer

100%

Question 18

Subtract 0.5 from the sum of 0.75 and 0.25. Express your answer in its simplest form:

Accepted Answer

0.4

Answer

0.6

Answer

0.5

Answer

0.3

Question 19

Find the difference between 2/3 and 1/6. Express your answer in its simplest form:

Accepted Answer

1/2

Answer

3/6

Answer

1/3

Answer

2/6

Question 20

Calculate the sum of 125 and 347.

Accepted Answer

472

Answer

332

Answer

562

Answer

262

Question 21

Add the fractions 1/2 and 1/4.

Accepted Answer

3/4

Answer

1/6

Answer

5/4

Answer

1/8

Question 22

A company's stock price dropped from $50 to $40. Calculate the percentage decrease.

Accepted Answer

20%

Answer

30%

Answer

10%

Question 23

A clothing store discounts a shirt from $25 to $18. Calculate the percentage discount.

Accepted Answer

28%

Answer

20%

Answer

32%

Answer

40%

Question 24

A company's sales increase by 15% from $50,000 to $x. What is the value of x?

Accepted Answer

$57,500

Answer

$55,000

Answer

$60,000

Question 25

A company's revenue in January was $12,500, while their expenses were $8,750. What was its profit for that month?

Accepted Answer

$3,750

Answer

$3,250

Answer

$4,250

Answer

$21,250

Question 26

A store manager needs to order 150 units of a particular product. The current inventory shows 68 units. How many more units should the manager order?

Accepted Answer

82

Answer

21

Answer

92

Answer

218

Question 27

A customer purchased an item for $75.50 and paid with a $100 bill. How much change should the customer receive?

Accepted Answer

$24.50

Answer

$17.50

Answer

$25.50

Question 28

A business owner needs to order 1/4 ton of sand and 1/3 ton of gravel for a project. What is the total weight of the materials ordered?

Accepted Answer

7/12 ton

Answer

1/2 ton

Answer

5/12 ton

Answer

1/7 ton

Question 29

A company's operating expenses for a quarter were $125,000. If their revenue for the same period was $180,000, what was the company's net income?

Accepted Answer

$55,000

Answer

$5,000

Answer

$65,000

Answer

$305,000

Question 30

A project requires 2 1/2 hours of labor at $20 per hour. What is the total labor cost?

Accepted Answer

$50

Answer

$40

Answer

$60

Answer

$70

Question 31

When adding mixed numbers with unlike denominators, which of the following is the appropriate method?

Accepted Answer

Convert each fraction to an equivalent fraction with the least common multiple (LCM) as the denominator, then add the numerators.

Answer

Add the numerators and denominators separately.

Question 32

A grocery store initially has 15.5 pounds of apples in stock. After receiving a shipment of 7.75 pounds, how many pounds of apples does the store have in total?

Accepted Answer

23.25 pounds

Answer

22.25 pounds

Answer

8.75 pounds

Question 33

A farmer owns 12.5 acres of land and decides to purchase an additional 6.25 acres. How many acres of land does the farmer now own?

Accepted Answer

18.75 acres

Answer

5 acres

Answer

17.5 acres

Answer

25 acres

Question 34

A fruit vendor sells 12 dozen oranges on Monday. If the vendor has 7 dozen oranges remaining at the end of the day, how many dozen oranges did they have at the beginning of the day?

Accepted Answer

19 dozen

Answer

5 dozen

Answer

15 dozen

Answer

21 dozen

Question 35

A company's profit for the first quarter was $15,000, and for the second quarter was $12,500. What was the decrease in profit from the first quarter to the second quarter?

Accepted Answer

$2,500

Answer

$1,500

Answer

$3,500

Answer

$4,500

Question 36

A farmer harvests 8.5 tons of corn from his field. If he sells 3.75 tons of corn, how many tons of corn does he have left?

Accepted Answer

4.75 tons

Answer

2.75 tons

Answer

5.75 tons

Answer

12.25 tons

Question 37

A business purchased $1,250 worth of inventory and then sold $875 worth. What is the remaining inventory value?

Accepted Answer

$375

Answer

$2,125

Answer

$475

Question 38

A company has three branches with sales of $15,000, $23,500, and $18,750 respectively. What is the total sales across all branches?

Accepted Answer

$57,250

Answer

$57,750

Answer

$58,250

Answer

$56,250

Question 39

A salesperson earns a base salary of $2,500 per month plus a 5% commission on sales. If their sales for the month are $10,000, what is their total earnings?

Accepted Answer

$3,000

Answer

$3,500

Answer

$2,500

Answer

$2,750

Question 40

A business has an outstanding invoice of $1,500. The customer makes a partial payment of $750. What is the remaining balance?

Accepted Answer

$750

Answer

$2,250

Answer

$650

Question 41

A company's expenses for the month are $12,500. Their revenue for the month is $18,000. What is the company's net profit?

Accepted Answer

$5,500

Answer

$4,500

Answer

$6,500

Answer

$5,000

Question 42

A customer purchases three items priced at $12.99, $8.50, and $4.75. What is the total cost of the purchase?

Accepted Answer

$26.24

Answer

$25.24

Answer

$26.74

Answer

$27.24

Question 43

A company receives an order for 1/4 ton of material. They already have 1/8 ton in stock. How much more material do they need to order?

Accepted Answer

1/8 ton

Answer

1/2 ton

Answer

1/4 ton

Answer

3/8 ton

Question 44

A business owner deposited $1,500 into their account. They then withdrew $375. What is the new account balance?

Accepted Answer

$1,125

Answer

$1,175

Answer

$1,875

Answer

$1,275

Question 45

A project requires 12.5 hours of labor. If 7.25 hours have already been completed, how many more hours of labor are needed?

Accepted Answer

5.25 hours

Answer

4.75 hours

Answer

5.75 hours

Answer

6.25 hours

Question 46

A company's budget for marketing is $5,000. They have already spent $2,750. How much money remains in the marketing budget?

Accepted Answer

$2,250

Answer

$3,250

Answer

$2,750

Question 47

Calculate the total cost of 12 boxes of pencils, each box containing 18 pencils, if each pencil costs $0.25.

Accepted Answer

$54.00

Answer

$60.00

Answer

$48.60

Answer

$36.00

Question 48

Subtract the cost of 5 erasers ($2.50 each) from the total cost of $27.50.

Accepted Answer

$22.50

Answer

$25.00

Answer

$17.50

Question 49

Find the difference between 12.5% and 7.5% as a decimal.

Accepted Answer

0.05

Answer

0.10

Answer

0.07

Answer

0.15

Question 50

Calculate the total amount after adding a 6% sales tax to a purchase of $150.

Accepted Answer

$159

Answer

$156

Answer

$144

Answer

$162

Question 51

Subtract 2/5 from 3/4.

Accepted Answer

1/20

Answer

1/5

Answer

1/10

Answer

1/4

Question 52

Find the value of y in the equation: 5y - 12 = 33

Accepted Answer

9

Answer

11

Answer

7

Answer

5

Question 53

Calculate the perimeter of a rectangular garden with a length of 15 feet and a width of 10 feet.

Accepted Answer

50 feet

Answer

60 feet

Answer

25 feet

Answer

75 feet

Question 54

Subtract the cost of goods sold ($2,500) from the net sales revenue ($4,000) to find the gross profit.

Accepted Answer

$1,500

Answer

$3,000

Answer

$1,000

Answer

$2,000

Question 55

Find the percentage increase if an investment grows from $10,000 to $12,000.

Accepted Answer

20%

Answer

25%

Answer

15%

Answer

10%

Question 56

Calculate the total amount of a loan after adding the interest charge of 5% to the principal amount of $5,000.

Accepted Answer

$5,250

Answer

$5,500

Answer

$4,750

Answer

$4,500