Total Program Cost = Program Cost + Administration Fee + (HR Staff Needed * HR Staff Salary per Hour * Hours to

Complete Training) + (Employees Needed * Employees Salary per Hour * Hours to Complete Training)

A = 14000 + 145 + (3 * 20 * 25) + (10 * 12.5 * 25) = 18770

B = 13000 + 170 + (4 * 20 * 28) + (10 * 12.5 * 28) = 18910

C = 14500 + 140 + (4 * 20 * 25) + (10 * 12.5 * 25) = 19765

D = 16000 + 130 + (3 * 20 * 30) + (10 * 12.5 * 30) = 21680

Most cost efficient program = Least cost program = Program A

Answer: a
Sales per day = No. of Pizzas * Price

Before Promotion:

Sales per day = 250 * 12 = 3000

After Promotion:

No. of Pizzas increase by 18%

No. of Pizzas = 250 + (250 * 18%) = 295

Price decrease by 20%

Price = 12 – (12 * 20%) = 9.6

Sales per day = 295 * 9.6 = 2832

Difference = Sales per day after promotion – Sales per day before promotion = 2832 – 3000 = -168

Decrease by 168

Answer: b
Total Sales = 1st Quarter + 2nd Quarter + 3rd Quarter + 4th Quarter

Cost of Pay for Salespeople = Total Sales * 10%

Typical Business Costs = Total Sales * 20%

Profit = Total Sales – (Cost of Pay for Salespeople + Typical Business Costs)

2007:

Total Sales = 14.5 + 18 + 16.5 + 13 = 62

Cost of Pay for Salespeople = 62 * 10% = 6.2

Typical Business Costs = 62 * 20% = 12.4

Profit = 62 – (6.2 + 12.4) = 43.4

2010:

Total Sales = 15.5 + 21 + 16 + 15.5 = 68

Cost of Pay for Salespeople = 68 * 10% = 6.8

Typical Business Costs = 68 * 20% = 13.6

Profit = 68 – (6.8 + 13.6) = 47.6

Profit earned in 2010 more than 2007 = 47.6 – 43.4 = 4.2

Windchimes:

55% 550

100% ?

(100% * 550) / 55% = 1000

Windchimes 25% 1000

Birdfeeders 10% ?

(10% * 1000) / 25% = 400

Birdfeeders:

100% 400

85% ? → 85% = 3% + 2% + 60% + 20%

(85% * 400) / 100% = 340

Answer: b
Profit = Sale – Cost

Sale = Sale Price per Unit * Maximum Production

Cost = (Labor Costs + Material Costs + Shipping Costs) * Maximum Production

Product C before Adjustment:

Labor Costs Material Costs Shipping Costs Sale Price per Unit Maximum Production

7.25 2.65 0.10 12.5 210

Profit = (12.5 * 210) - [(7.25 + 2.65 + 0.10) * 210] = 2625 – 2100 = 525

Product C after Adjustment:

Labor Costs Material Costs Shipping Costs Sale Price per Unit Maximum Production

3.45 2.65 0.10 12.5 250

Profit = (12.5 * 250) - [(3.45 + 2.65 + 0.10) * 250] = 3125 – 1550 = 1575

Increase in Profit = 1575 – 525 = 1050

100% 525

? 1050

(1050 * 100%) / 525 = 2 = 200%

No. of Words per Minute at End = No. of Words / No. of Minutes = 1680 / 20 = 84

Increase in No. of Words per Minute = No. of Words per Minute at End - No. of Words per Minute at Beginning

= 84 – 80 = 4

100% 80

? 4

(4 * 100%) / 80 = 0.05 = 5%

Answer: c
Joe Budget = 175

Paper Box = 21.99

Toner Cartridge = 52.9

Folder = 0.99

Price of Office Supplies after 20% discount:

Paper Box = 21.99 – (21.99 * 20%) = 17.59

Toner Cartridge = 52.9 – (52.9 * 20%) = 42.32

Folder = 0.99 – (0.99 * 20%) = 0.79

No. of Folders = 175 - [(3 * 17.59) + (2 * 42.32)] = 175 – 137.41 = 37.59 = 37

Answer: c
Cost per Pen = Cost / No. of Pens

Cost per Pen for Box of 25 Pens = 7.19 / 25 = 0.29

Cost per Pen for Box of 50 Pens = 10.78 / 50 = 0.22

Cost per Pen for Box of 75 Pens = 14.53 / 75 = 0.19

Cost per Pen for Box of 100 Pens = 22.5 / 100 = 0.23

Cost per Pen for Box of 125 Pens = 26.25 / 125 = 0.21

Box with cheapest per pen cost = Box of 75

Answer: c
Profit = Sale Price * % * Units Sold

Treeline Profit = 39000 * 22% * 14 = 120120

Lumberman Pofit = 48000 * 20% * ? = ?

Warranty Bonus = Sale Price * % * No. of Warranties

Treeline Warranty Bonus = 39000 * 9% * 7 = 24570

Lumberman Warranty Bonus = 48000 * 8% * 12 = 46080

Lumberman Profit = Total Profit including Warranty Bonuses – Total Warranty Bonuses – Treeline Profit

= 363570 – 24570 – 46080 – 120120 = 172800

Lumberman Profit = 48000 * 20% * Units Sold

172800 = 48000 * 20% * Units Sold

172800 = 9600 * Units Sold

Units Sold = 172800 / 9600 = 18

Answer: c
Old Computer:

1 Graphic = 22 seconds

1 Paragraph = 9 seconds

New Computer:

1 Graphic = 22 – (22 * 17%) = 18.26 seconds

1 Paragraph = 9 – (9 * 17%) = 7.47 seconds

(2 * 18.26) + (1 * 7.47) = 43.99

Answer: c
Current Distribution = Left Graph

Requested Redistribution = Right Graph

Current Distribution:

15% 45 → Factory A Lifters

100% ? → Total Lifters

(100% * 45) / 15% = 300

Requested Redistribution:

Total Lifters increase by 60%

Total Lifters = 300 + (300 * 60%) = 480

100% 480 → Total Lifters

20% ? → Factory A Lifters

(20% * 480) / 100% = 96

100% 480 → Total Lifters

35% ? → Factory B Lifters

(35% * 480) / 100% = 168

Answer: d

Current:

No. of Employees = 80

No. of Computers = 80 – (80 * 1/4) = 60

After Increasing Employees:

No. of Employees = 80 + (80 * 5%) = 84

No. of Computers = 84 – 60 = 24

Answer: d
No. of silverware pieces produced per day = 1000 * (24 / 2) = 12000

No. of boxes produced per day = No. of silverware pieces produced per day / No. of silverware pieces per box

= 12000 / 50 = 240

Sales per day = No. of boxes produced per day * Box sale price = 240 * 3 = 720

No. of days to cover cost = Cost / Sales per day = 9000 / 720 = 12.5

Answer: d
Rv Purchase = 25250

Rv Sale = 25250 + (25250 * 22%) = 30805

Business Overall Cost = 45000

Profit = Sale – Purchase – Cost = (14 * 30805) – (14 * 25250) – 45000 = 32770

Answer: d
Given:

3 wheat + 2 corn + 1 oats = 1 wheat + 1 corn + 5 oats

2 corn + 1 oats = 26

1 corn = 10

1 wheat = ?

Solution:

2 corn + 1 oats = 26

(2 * 10) + 1 oats = 26

20 + 1 oats = 26

1 oats = 26 – 20 = 6

3 wheat + 2 corn + 1 oats = 1 wheat + 1 corn + 5 oats

3 wheat + (2 * 10) + 6 = 1 wheat + 10 + (5 * 6)

3 wheat + 20 + 6 = 1 wheat + 10 + 30

3 wheat + 26 = 1 wheat + 40

3 wheat – 1 wheat = 40 – 26
2 wheat = 14

1 wheat = 14 / 2 = 7

Answer: d

A = 4500 – (4500 * 25%) = 3375

B = 2500 – (2500 * 6%) = 2350

C = 3500 – (3500 * 9%) = 3185

D = 4000 – (4000 * 15%) = 3400

E = 3000 – (3000 * 13%) = 2610

Production Team made most motors without defects = Team D

Answer: d
March = 50000 – 7876 = 42124

April = 42124 - [7876 + (7876 * 2%)] = 42124 – 8033.52 = 34090.48

May = 34090.48 - [8033.52 + (8033.52 * 2%)] = 34090.48 – 8194.19 = 25895.81

June = 25895.81 - [8194.19 + (8194.19 * 2%)] = 25895.81 – 8358.07 = 17537.74

July = 17537.74 - [8358.07 + (8358.07 * 2%)] = 17537.74 – 8525.23 = 9012.51

August = 9012.51 - [8525.23 + (8525.23 * 2%)] = 9012.51 – 8695.73 = 316.78

In September the machine will be completely paid off

Answer: d
Time to manufacture monitors = 9 hours * 7 days = 63 hours * 60 minutes = 3780 minutes

A B C D E

Time to manufacture monitors 3780 3780 3780 3780 3780

/ / / / /

Time to manufacture one monitor 15 18 13 20 17

= = = = =

Monitors manufactured 252 210 291 189 222

* * * * *

% of monitors sold 75% 73% 84% 95% 81%

= = = = =

Monitors Sold 189 153 244 180 180

* * * * *

Cost per monitor 175 188 145 198 170

= = = = =

Total sales 33075 28764 35380 35640 30600

Answer: d

Baker filled measuring cup with 3/4 cup water

3/4

He poured 1/2 of water into batter

3/4 / 2 = 3/8

He spilled 1/8 cup of water on floor

3/8 – 1/8 = 1/4

What he needs to add to what is left in the cup to have 50% more than what he started with

1/4 + ? = 3/4 + (3/4 * 50%)

1/4 + ? = 9/8

? = 9/8 – 1/4 = 7/8

Answer: e
Dan & Betty paint 2400 square feet in 4 hours

In 1 hour = 2400 / 4 = 600

Since, Betty twice as fast as Dan

So, Dan = 200 & Betty = 400

Dan & Betty & Sue paint 3600 square feet in 3 hours

In 1 hour = 3600 / 3 = 1200

Dan = 200 & Betty = 400

Sue = 1200 – (200 + 400) = 600

No. of Square feet Sue paint in 4 hours 27 minutes = 600 square feet per hour * 4 hours 27 minutes

= 600 * [4 + (27 / 60)] = 600 * 4.45 = 2670

Answer: e
James = (15 * 35.75) + (16 * 42.25) = 1212.25

Sally = (25 * 35.75) + (10 * 42.25) = 1316.25

Andre = (18 * 35.75) + (13 * 42.25) = 1192.75

1316.25 – 1192.75 = 123.5

Answer: e
Test Result:

To pass this test, score must not be less than average score

Average Score = 43

Achieved Score = 94.4