Winter Holiday Math & Reading — Answer Key
Part A: Multiple Choice
Circle the best answer for each question.
1. A school sells holiday candles for $8.00 each. Supplies cost $3.25 per candle. If they sell 40 candles, what is the total profit?
A) $130.00
B) $190.00
C) $320.00
D) $150.00
Profit per candle is selling price minus cost: 8.00 − 3.25 = $4.75. Multiplying by 40 candles gives 4.75 × 40 = $190.00 total profit.
2. A bar graph shows hot cocoa sales: Mon 24, Tue 18, Wed 30, Thu 12, Fri 36. What is the mean daily sales?
A) 20
B) 30
C) 24
D) 25
Mean is the sum divided by the count of days: 24 + 18 + 30 + 12 + 36 = 120, then 120 ÷ 5 = 24. The average daily sales balance the higher and lower days into one typical number.
3. A bake sale earned $156.00 total. If 23 of the money came from cookie sales, how much came from cookies?
A) $78.00
B) $52.00
C) $104.00
D) $96.00
Two-thirds of $156 means dividing the total into 3 equal parts and taking 2 of them: 156 ÷ 3 = 52, then 52 × 2 = $104.00. Cookies brought in $104 of the total $156 raised.
4. A fundraiser goal is $500. After week 1 they raised $185, week 2 they raised $210. What percent of the goal have they reached?
A) 69%
B) 79%
C) 89%
D) 75%
Adding the two weeks gives 185 + 210 = $395 raised so far. Dividing by the $500 goal gives 395 ÷ 500 = 0.79, or 79% of the goal reached.
Part B: Fill in the Blank
Write the correct answer on each line.
1. Revenue minus expenses equals profit.
Profit is what's left after expenses are taken out of revenue. If you earn money from sales but also spend money on supplies, profit measures the actual gain.
2. A class sold 75 gift tags at $2.00 each. Their total revenue was $150.
Revenue is the total money taken in, found by multiplying price by quantity sold: 75 × 2.00 = $150. Each gift tag adds $2 to the running total.
3. If expenses are $90 and revenue is $150, the profit is $60.
Profit equals revenue minus expenses: 150 − 90 = $60. The $60 is what remains after subtracting the cost of running the activity from the money brought in.
4. A pie chart shows 25% of donations came from parents, 50% from businesses, and the rest from students. Students contributed 25% of the donations.
Percentages in a pie chart must add to 100, so subtract the known parts: 100 − 25 − 50 = 25%. Students contributed the remaining quarter of the donations.
5. The data set 10, 15, 15, 20, 25 has a range of 15.
Range is the difference between the largest and smallest values: 25 − 10 = 15. Repeated values like the two 15s don't change the range — only the highest and lowest matter.