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Tuesday, August 29, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps024

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1. Which one below has the highest value?


A. 5 × 77 - 25

B. 1200 - 14 × 5

C. 7200 ÷ 12 × 2

D. 900 + 74 × 2


Answer:  C


Solution 


using BEDMAS 


A. 15 × 77 - 55 

= 1155 - 55

= 1100


B. 1200 - 14 * 5 

= 1200 - 70

= 1130


C. 7200 ÷ 12 × 2

= 600 × 2

= 1200  (highest)


D. 900 + 74 × 2

= 900 + 148

= 1048




2. What is the value of x?


21 - x + 17 + 3x = 4x


a. 38

b. 76

c. 17

d. 19  ---  answer


Solution 


21 - x + 17 + 3x = 4x

38 + 2x = 4x

38 = 4x - 2x

38 = 2x

x = 38/2

x = 19



checking: 

substitute x = 19


21 - x + 17 + 3x = 4x

21 - 19 + 17 + 3(19) = 4(19)


2 + 17 + 57 = 76

19 + 57 = 76

76 = 76


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Friday, August 25, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps023

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1. One half of a certain number is 5 more than 3/7 of the number. Find the number. 


a. 35

b. 70  --- answer 

c. 14

d. 5


Solution 


Let x 

= unknown number


formulate equation 

(1/2)x = 5 + (3/7)x 

(1/2)x - (3/7)x = 5 


factoring 

x (1/2 - 3/7) = 5


LCD

x ( 7 - 6 )  = 5

   ------------ 

       14


x (1/14) = 5 

x = 14 * 5

x = 70



checking 


(1/2)x = 5 + (3/7)x 

(1/2)70 =5 + (3/7)70

35 = 5 + 3(10)

35 = 5 + 30

35 = 35





2. Five loaves of bread and ten bananas have a total cost of $22.75. One loaf of bread and one banana have a total cost of $4.15. How much does a loaf of bread cost and how much does one banana cost?


a. $3.25, $0.25

b. $3.50, $0.30

c. $2.75, $0.35

d. $3.75, $0.40   --- answer 



Solution 


Let 

x = cost of one loaf of bread 

y = cost of one banana


equation1

5x + 10y = 22.75


equation2

x + y = 4.15

x = 4.15 - y


substitute the value of x in equation2 into equation1


5x + 10y = 22.75

5 (4.15 - y) + 10y = 22.75 


20.75 - 5y + 10y = 22.75


20.75 + 5y = 22.75

5y = 22.75 - 20.75

5y = 2

y = 2/5

y = $0.40 

(cost of one banana)


solve for x:

substitute the value of y into equation2


x = 4.15 - y

x = 4.15 - 0.40

x = $3.75

(cost of one loaf of bread)


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Friday, August 18, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps022

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1. Seven years from now, Philip will be ten years younger than two times his current age. What will be his age four years from now?


a. 17

b. 34

c. 21  ---  answer 

d. 24



Solution 


step1

Solve for Philip's current age


Let: 


= Philip current age


x + 7 

= Philip's age seven years from now


2x

= two times his current age


2x - 10

= ten years younger than two times his current age



Equation:


x + 7 = 2x − 10

7 + 10 = 2x - x

17 = x

x = 17

(Philip's current age)



step2

Solve for Philip's age four years from now


= 17 + 4

= 21




2. Three years ago, Jade was 14 years younger than twice her age now. How old is she seven years from now?


a. 11

b. 18  ---  answer 

c. 14

d. 22


Solution 


step1

Solve for Jade's current age 


Let: 


= Jade's age now


x - 3

= Jade's age three years ago


2x

= twice her age now 


2x - 14

= 14 years younger than twice her age now



Equation:


x - 3 = 2x − 14

14 - 3 = 2x - x

11 = x

x = 11

(Jade's age now)



step2

Solve for Jade's age seven years from now


= 11 + 7

= 18 


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Sunday, August 13, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps021

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1. Determine the value of the following:


1 + 74 - 2^2 + 6 x 5


a. 385

b. 101  --- answer 

c. 25

d. 100


Solution 


using BEDMAS 


exponent

multiply 

add/subtract L-R


1 + 74 - 2^2 + 6 x 5

= 1 + 74 - 4 + 6 x 5

= 1 + 74 - 4 + 30

= 75 - 4 + 30

= 71 + 30

= 101




2. Calculate the value of:


84 ÷ (4×3) - (4+3) - 1


a.  -1   --- answer

b. 15.8

c. 16.8

d. 1


Solution 


using BEDMAS


brackets

division 

subtraction 


84 ÷ (4×3) - (4+3) - 1

= 84 ÷ 12 - 7 - 1

= 7 - 7 - 1

= 0 - 1

= -1




3. Solve the following:


62 × 6^2 - 2^3 ÷ 6^0


a. 1736

b. 2422

c. 4222

d. 2224  --- answer 


Solution 


using BEDMAS


exponents

multiply 

divide 

subtract 


62 × 6^2 - 2^3 ÷ 6^0

= 62 × 36 - 8 ÷ 1

= 2232 - 8

= 2224


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Friday, August 11, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps020

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1. In Alberta, the average cost to paint an interior room in a house is $2.10 per square foot. A house has the following rooms for painting: 

Bedroom A: 689 sqft

Bedroom B: 746 sqft

Bedroom C: 828 sqft

Living Rm: 1727 sqft

Kitchen: 585 sqft

BathroomA: 412 sqft

BathroomB: 381 sqft

Laundry: 274 sqft


What is the total cost of painting before taxes?


a. $10,884

b. $11,488

c. $11,848  -- answer

d. $12,844


Solution 


step1 

find total sqft

=  689 + 746 + 828 +

  1727 + 585 + 412 +

   381  + 274


= 5,642 sqft



step2 

multiply total sqft by cost per sqft


Total Painting Cost

=   5,642 sqft 

   x $2.10/sqft 


= $11,848




2. The average cost to fence a yard in Canada is $55 per linear ft. If the total fencing cost of a square yard is $9,240, find the length of one side.


a. 40 ft

b. 42 ft  ---  answer 

c. 41 ft

d. 43 ft


Solution 


step1 

divide total cost by cost per linear foot


Total linear feet

= 9,240/55

= 168 ft



step2

divide total linear feet by 4 to get one side of the square yard


side of square yard

= 168/4

= 42 ft


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Saturday, August 5, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps019

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1. An investor's portfolio increased by 43.9% to $210,000. What was his initial investment?


a. $143,595

b. $145,935  --- Ans

c. $154,395

d. $149,435


Solution 


Given

43.9% increase 

$210,000 new value


let 

x = initial investment


210,000 

= x + 43.9% x

= x + 0.439x

= 1.439x


x = 210,000/1.439

x = $145,935





2. The price of gold per ounce (oz) is $1,944.10 USD. With an investment of $49,000 USD, how many ounces of gold can you purchase?


a. 23.5 oz

b. 24.2 oz

c. 22.5 oz

d. 25.2 oz  --- answer


Solution 


Divide the amount of investment by the price of gold per ounce. 


ounces (oz) of gold

= 49,000/1,944.10 

= 25.2 oz


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Wednesday, August 2, 2023

CFAT Practice Test Questions with Answers in PROBLEM SOLVING - ps018

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1. One week is equivalent to 604,800 seconds. If an average person sleeps 7 hours a day, what percent does an average person sleeps in a week?


a. 33%

b. 32%

c. 29%  --- answer 

d. 30%


Solution 


step1

convert 7 hours to seconds 


daily sleep sec

= 7 hr x 3600 sec/hr

= 25,200 sec/day


step2 

calculate weekly sleep in seconds 


weekly sleep sec

= 25,200 sec x 7 day

= 176,400 sec/week


step3

calculate percent sleep 


= 176,400/604,800

= 29%




2. The population of Canada on May 2023 is 39,860,000. If 23% of Canadians speak French, what number does this represent?


a. 9,178,800

b. 9,176,800

c. 9,168,800

d. 9,167,800  --- Ans


Solution 


Using long multiplication, 


= 39,860,000 x 23%

= 39,860,000 x 0.23

= 9,167,800




3. Which number is missing in the following sequence?


1/16, 1/4, 7/16, ____


a. 11/16

b. 5/8  ---- answer 

c. 3/8

d. 2/4


Solution 


The sequence is increasing by 3/16


1/16


1/16  +  3/16

= 4/16

= 1/4


4/16  +  3/16

= 7/16


7/16  +  3/16

= 10/16

= 5/8


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