Difficulty: Medium
Average Score: 89%
Entry Exam
25% of $506.50 =
Correct answer
A
Rationale
To calculate 25% of $506.50, you multiply $506.50 by 0.25.
Step 1: $506.50 x 0.25 = $126.625
Step 2: Round to the nearest cent: $126.625 is closer to $126.63 than $126.64
Therefore, the correct answer is A: $126.64.
Choice B is incorrect as it is not the closest rounded value. Choice C is incorrect as it is not the correct calculation. Choice D is incorrect as it is not even close to the correct calculation.
Step 1: $506.50 x 0.25 = $126.625
Step 2: Round to the nearest cent: $126.625 is closer to $126.63 than $126.64
Therefore, the correct answer is A: $126.64.
Choice B is incorrect as it is not the closest rounded value. Choice C is incorrect as it is not the correct calculation. Choice D is incorrect as it is not even close to the correct calculation.