Nick, Matt, and Ryan are partners in a local health food store. They needed 250,000 to start the business. If they invested in the ratio 3:5:8 respectively, how much did Nick invest
Semester 2 Exam Review Chapter 8

Quiz
•
Mathematics
•
12th Grade
•
Hard
Amy Hansen
Used 3+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$46,875
$15,625
$78,125
$125,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nick, Matt, and Ryan are partners in a local health food store. They needed 250,000 to start the business.
If they invested in the ratio 3:5:8 respectively, how much did Matt invest?
$15,625
$46,875
$78,125
$125,000
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nick, Matt, and Ryan are partners in a local health food store. They needed 250,000 to start the business.
If they invested in the ratio 3:5:8 respectively, how much did Ryan invest?
$15,625
$46,875
$78,125
$125,000
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Nick, Matt, and Ryan are partners in a local health food store. They needed 250,000 to start the business.
If they invested in the ratio 3:5:8 respectively, what percent of the business does Matt own? Round to the nearest tenth of a percent.
26.3%
31.3%
18.8%
50%
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share. He sold the shares for $62.34 per share. He paid a broker fee of 0.5%. What was the total purchase price for the 765 shares including the broker fee?
$37,148.40
$55,722.60
$39,005.82
$37,334.14
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share. He sold the shares for $62.34 per share. He paid a discount broker a fee of $35. What was the total selling price for the 765 shares including the broker fee?
$47,640.10
$47,740.10
$47,690.10
$47,790.10
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A local hairdresser bought 765 shares of a cosmetics corporation for $48.56 per share. He sold the shares for $62.34 per share. What was the gross net proceeds for the 765 shares as a dollar amount?
$10,305.69
$10,541.70
$10,763.68
$10,902.40
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