CONSUMER MATH B EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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Module
CONSUMER MATH B
Institution
CONSUMER MATH B
CONSUMER MATH B EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS
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CONSUMER MATH B EXAM 2024/2025
WITH 100% ACCURATE SOLUTIONS
The final price after all percentages are taken off and taxes are added
up is known as the what? - Precise Answer ✔✔Total price
Describe something you could do if you were spending too much
money and needed help managing it. - Precise Answer ✔✔If you were
spending too much money and needed to manage it, you could make a
budget for yourself, and to make sure you wont go over your budget
limit you can put all of the money into envelopes for their spending
category. Then all of your leftover money can go into a savings account
or emergency funding account.
Gold, jewelry, antique furniture, and other belongings are known as
what? - Precise Answer ✔✔Assets
What does retail price mean? - Precise Answer ✔✔The price before
anything is taken off for selling.
Where the line crosses the y-axis is known as the what? - Precise
Answer ✔✔Y-intercept
,Barb noticed that she had to pay a sales tax for the shoes she bought at
the store. What is sales tax? - Precise Answer ✔✔A percentage of total
sales that is collected on behalf of the state, county, or local
government.
Slope uses what letter? - Precise Answer ✔✔m
Explain how to change .4 into a percent, then write the percent. -
Precise Answer ✔✔Multiply by 100 to get 40%
What position do the quadrants go in on a Cartesian plane? - Precise
Answer ✔✔Counterclockwise
Given plot points (1, 5) what quadrant would you be in? - Precise
Answer ✔✔Quadrant I
What does percent mean? - Precise Answer ✔✔Part of 100.
A company's value is also known as their what? - Precise Answer
✔✔Net worth
What direction do you move on the y-axis? - Precise Answer ✔✔Up or
down
, Explain how the richest people are ranked. - Precise Answer ✔✔The
richest people are ranked by net worth by combining all of their assets.
Wendy wants to find her average monthly expenses. In October she
spent $450, In November she spent $750, in December she spent
$1,000 and in January she spent $565. What are her average monthly
expenses? - Precise Answer ✔✔$691.25
What our data tells us is also known as the what? - Precise Answer
✔✔Correlation
What direction do you move on the x-axis? - Precise Answer ✔✔Left or
right
What is purchasing power? - Precise Answer ✔✔What an individual can
buy in terms of goods and services.
What is the cost for 5 t-shirts that cost $10 with a sales tax of 6%? -
Precise Answer ✔✔$53
What is an example of a variable expense? - Precise Answer
✔✔Grocery bill
When given plot points (3, -4), explain the direction you go first, then
last. Include the name of the axis for each point and what quadrant you
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