114. The price of a new car increased by 2/3 over the last five years. If the original price of the car was $6,000, what is the price today? Feedback: The new car price is the original price plus the increase, so multiply the $6,000 by 1 2/3, not just 2/3, to get the final new total price of $10,000. Blooms: Apply Learning Objective: 02-03 (2) Multiply fractions Level of Difficulty: 3 Challenge Topic Area: LU 02-03: Basic Math Functions with Fractions 115. Mel Corp. produces 18¼ widgets each hour. If the machine runs 16 hours, how many widgets will be produced? Feedback: Convert the 18 1/4 into an improper fraction before multiplying by 16 to get a final answer of 292. Blooms: Apply Learning Objective: 02-03 (2) Multiply fractions Level of Difficulty: 2 Intermediate Topic Area: LU 02-03: Basic Math Functions with Fractions 116. Cans of soup are stocked in 1,250 sq. ft. of warehouse space. If each can requires 2 1/2 sq. ft. of space, how many cans of soup can be stored in this space? Feedback: Convert the 2 1/2 into an improper fraction before dividing the total square footage by 5/2. This is the same as multiplying 2/5. Blooms: Apply Learning Objective: 02-03 (2) Multiply fractions Level of Difficulty: 2 Intermediate Topic Area: LU 02-03: Basic Math Functions with Fractions 117. John Rone bought a home that is 5 1/2 times as expensive as the home his parents bought. If his parents paid $35,000 for theirs, what is the cost of Rone's home? Feedback: Convert the 5 1/2 into an improper fraction [11/2] and then multiply by the parents' home's of $35,000.
114. The price of a new car increased by 2/3 over the last five years. If the original price of the car was $6,000, what is the price today? Feedback: The new car price is the original price plus the increase, so multiply the $6,000 by 1 2/3, not just 2/3, to get the final new total price of $10,000. Blooms: Apply Learning Objective: 02-03 (2) Multiply fractions Level of Difficulty: 3 Challenge Topic Area: LU 02-03: Basic Math Functions with Fractions 115. Mel Corp. produces 18¼ widgets each hour. If the machine runs 16 hours, how many widgets will be produced? Feedback: Convert the 18 1/4 into an improper fraction before multiplying by 16 to get a final answer of 292. Blooms: Apply Learning Objective: 02-03 (2) Multiply fractions Level of Difficulty: 2 Intermediate Topic Area: LU 02-03: Basic Math Functions with Fractions 116. Cans of soup are stocked in 1,250 sq. ft. of warehouse space. If each can requires 2 1/2 sq. ft. of space, how many cans of soup can be stored in this space? Feedback: Convert the 2 1/2 into an improper fraction before dividing the total square footage by 5/2. This is the same as multiplying 2/5. Blooms: Apply Learning Objective: 02-03 (2) Multiply fractions Level of Difficulty: 2 Intermediate Topic Area: LU 02-03: Basic Math Functions with Fractions 117. John Rone bought a home that is 5 1/2 times as expensive as the home his parents bought. If his parents paid $35,000 for theirs, what is the cost of Rone's home? Feedback: Convert the 5 1/2 into an improper fraction [11/2] and then multiply by the parents' home's of $35,000.
Test-Bank-Math-for-Business-and-Finance-1st-Edition-Slater.docx