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The Business Math test assesses the use of mathematics to record and manage business operations through a series of numerical calculation and multiple-choice questions.

The assessment includes solving work-sample tasks, such as:

• Creating new budgets, tracking expenses, and comparing budgets against actual figures.
• Evaluating the impact of different types of interest rates for both borrowing and investing.
• Calculating procurement costs and determining sales prices.

Good operations managers, department managers, and executives all need a solid understanding of business math to make responsible monetary decisions and successfully manage business operations.

Sample public questions

Easy
3 min
mmcq
Public
Percentages
Surcharges

At your local office supply store, you see a group of chairs that all look almost exactly like your broken desk chair:

• The BenzerCo chair is offered at 25% off its list price of \$200.
• The Lilijet chair sells for \$220 but has a promotional rebate of \$60.
• The Torpa chair is on clearance, so it comes with a 40% discount off its regular price of \$245.
Easy
2 min
num
Public
Savings and Investments
Simple Interest

You have \$50,000 for a down payment on the purchase of a new office building, but your accountant recommends you put this money into a term deposit until you are ready to purchase next year. Your bank is offering 12-month fixed term deposits with an annual interest rate of 3.0%, paid at maturity.

How much will you have for your down payment if you cash in your term deposit at maturity?

For jobseekers: get certified

Earn a free certificate by achieving top 25% on the Business Math test with public questions.

Sample silver certificate

Sunshine Caprio

Java and SQL
TestDome
Certificate

Skills and topics tested

• Arithmetic
• Budgeting
• Variance
• Projections
• Ratios
• Compound Interest
• Loans and Credit
• Markups
• Percentages
• Pricing
• Income Tax
• Payroll
• Progressive Rates
• Linear Equations
• Algebra
• Revenue and Costs
• Variable Costs
• Savings and Investments
• Simple Interest

For job roles

• Cost Accountant
• Director
• Executive
• Manager
• Operations Manager

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TestDome is simple, provides a reasonable (though not extensive) battery of tests to choose from, and doesn't take the candidate an inordinate amount of time. It also simulates working pressure with the time limits.

Jan Opperman, Grindrod Bank

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