A Computer Company Made 6,100 Computer Chips Last Month

question 103

Multiple Choice

A computer company made 6,100 computer chips last month. If 2.5% of them were defective, how many chips were not defective? (Round to the nearest whole number)

• A) 153
• B) 5,948
• C) 1,525
• D) 103

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Definitions:

Consignee

The individual or entity to whom goods are shipped under a consignment agreement, responsible for selling the goods.

Import Duties

Taxes imposed by a government on goods brought into the country, typically to protect domestic industries or generate revenue.

FOB Shipping

A shipping term indicating that the seller is responsible for delivering goods to a designated location, where the buyer becomes responsible for the goods.

Merchandise Cost

The total cost incurred to purchase goods for resale, including the purchase price, shipping, handling, and other related expenses.