DSST Business Mathematics: Study Guide & Test Prep Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. Cal is financing a used car. The lot quotes him an annual rate of 8% interest. What is the effective annual rate if the interest is calculated monthly?

Question 2 2. A clothing store buys women's sweaters from the manufacturer for $40, and they are then marked up 200%. The sweaters didn't sell so they were marked down 50% for a clearance sale. What do the sweaters now cost?

Question 3 3. Martha would like to finance an $800 oven for 3 years at 5% interest compounded monthly. What will her monthly payments be?

Question 4 4. Marie works for $9.00 an hour and is paid time and a half for any time over 35 hours. This pay period she worked 38 hours one week and 41 the other. Her federal and state taxes are 25% and her FICA is 6.5%. What is her take home pay?

Question 5 5. A business traveler has $500 U.S. dollars. He is traveling to Britain, so he exchanges the dollars for British pounds at the rate of one U.S. dollar = 0.63 pounds. His hosts covered his expenses, so he takes the pounds and exchanges them for Euros at the rate of one pound = 1.10 Euros. How many Euros does he have?

Question 6 6. Solve 2W^2 - 9W = 5.

Question 7 7. Bill and Jan would like to have $50,000 in 10 years to buy a vacation home. How much do they need to invest today at 5% to make their dream come true?

Question 8 8. Joe's Furniture had $50,000 in sales last month. His cost of goods sold was $30,000. Expenses were $10,000 and depreciation on his equipment was $2,000. His net profit was $6,000. What is his profit margin?

Question 9 9. A project has a 33% chance of earning $15,000, a 33% chance of earning $10,000, and a 33% chance of earning $0. What is the expected return for this project?

Question 10 10. For this series of numbers, 1, 2, 3, 3, 99, 100, which statement is true?

Question 11 11.

What is the slope of the graph of the following equation?


12 + 2 (x - 3)

Question 12 12. The temperature at 7 AM was 36 degrees and it rose to 48 degrees by noon. What was the percentage increase in temperature from 7 AM to noon?

Question 13 13. Dons Delivery purchased a van for $50,000. They expect it to last for 5 years and 100,000 miles. How much is the first year's depreciation under the double declining balance method?

Question 14 14. Apply the formula to find the distance between these two points A = (3, 7) and B = (7, 11).

Question 15 15. This graph belongs to which of the flowing inequalities?

Tell us about yourself

Are you a student or a teacher?

I am a student I am a teacher

DSST Business Mathematics: Study Guide & Test Prep Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

DSST Business Mathematics: Study Guide & Test Prep  /  DSST Prep
Support