ATI TEAS 7 Math Exam 2

Q 1 / 35 00:00

00:00 Elapsed

Question 1

After spending 80% of her $60, Lana is left with how much money when she invests the remaining amount and earns an 80% profit?

Your Answer: Option(s)

Correct Answer: Option(s) A

Rationale

Lana is left with $21.60.

After spending 80% of her $60, Lana is left with $12. When she invests this remaining amount and earns an 80% profit, she makes an additional $9.60 ($12*0.8), which when added to the remaining $12, gives a total of $21.60.

A) $21.60
This is the correct answer. Lana spends 80% of her $60, leaving her with $12. When she invests this remaining amount and earns an 80% profit, she makes an additional $9.60 ($12*0.8). So, her total money after the investment is $12 + $9.60 = $21.60.

B) $9.60
This option only considers the profit that Lana earns from her investment and does not include the initial investment amount that she had left after spending 80% of her $60.

C) $86.40
This amount is incorrect as it exceeds Lana's initial amount of $60. After spending 80% of her $60, Lana is left with $12. When she invests this remaining amount and earns an 80% profit, she makes an additional $9.60, not $86.40.

D) $60.00
This option inaccurately suggests that Lana neither spent any of her money nor made any profit from her investment, which contradicts the information provided in the question.

Conclusion
Lana initially had $60. After spending 80% of this, she was left with $12. She then invested this amount and made an 80% profit, which resulted in an additional $9.60. Therefore, the total amount she had after investing and making a profit was $21.60.

Select an answer to continue →

0% score

0/0 correct

Answered 0/35

Correct 0

Wrong 0

35 left

Unlock Full Access

All questions, explanations & stats

Subscribe Now

Lana is left with $21.60.

Each of the other three friends received 1/6 of the pizza.

The distribution of the weights of newborn babies is bell-shaped.

A bar graph would be the best way to display the frequency for each day of the week that students get up after 8 a.m. from a class survey.

There are 500 milliliters in 0.5 liters.

Free Preview Ended

Unlock Full Access

Lana is left with $21.60.

Each of the other three friends received 1/6 of the pizza.

The distribution of the weights of newborn babies is bell-shaped.

A bar graph would be the best way to display the frequency for each day of the week that students get up after 8 a.m. from a class survey.

There are 500 milliliters in 0.5 liters.

Free Preview Ended

Unlock Full Access

You are leaving this quiz

You're in the middle of a quiz

Report an Issue

Rate this Practice Test