On a Test, If 115 Questions Are Answered and 41

question 129

Multiple Choice

On a test, if 115 questions are answered and 41% of them are correct, what is the number of correct answers?

• A) 53
• B) 47
• C) -24
• D) 74

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Definitions:

Net Income

The remaining profit of a company post deduction of all expenses, taxes, and costs from its total revenues.

Unearned Revenues

Income received by a company for goods or services to be provided in the future, which is recorded as a liability until earned.

Liabilities

Financial obligations or debts owed by a business or individual to creditors.

Revenue Earned

Income a company receives from its normal business activities, usually from the sale of goods and services to customers.