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Business Math Test

The business math test requires job candidates to assess information and numerical data found in statements, charts, and receipts that illustrate real-world scenarios. Candidates are provided with a range of questions in which they are required to either select the correct multiple-choice answer or enter an integer number upon solving an equation. In the process of helping to narrow your search for a qualified individual, the business math test helps predict a candidate’s ability to:

  • Organize information and thoughts logically to solve problems.
  • Perform calculations using addition, subtraction, multiplication, and division.
  • Create and solve equations to calculate ratios, percentages, and averages.
  • Understand math concepts, functions, and symbols.

element-grad-cap   ABILITIES EVALUATED

  • Ability to use basic business-related mathematical concepts such as arithmetic and algebra to solve problems
  • Ability to identify and implement appropriate mathematical methods when approaching problems

element-grad-cap   QUESTION FORMAT

  • Multiple Choice
  • Fill-in-the-Blank

element-grad-cap   LANGUAGE

  • English

element-grad-cap   DIFFICULTY

  • Easy

WHY TEST?

Organizations can greatly profit from hiring employees capable of analyzing numerical data, solving mathematical equations, and making calculations to perform a wide range of functions, from determining grade point averages to finalizing budget allowances. An employee who has a thorough understanding of basic mathematical principles can help prevent unintentional overspending, allocate receipt line items to appropriate accounts, and provide a high level of support by accurately calculating customer purchases and orders.

Find a talented, detail-oriented job candidate – who can immediately and effortlessly sweep into a new role – by using this business math test to gauge their mathematical proficiency. The business math test provides insight into a candidate’s ability to leverage formulas and numbers to support operational efficiencies and minimize errors and omissions.

The business math test helps predict a job candidate’s ability to:

  • Discover what fraction of sales originated from a particular sales territory.
  • Evaluate a budget and determine the amount of funds that can be allocated to a specific category.
  • Identify the percentage of students who are enrolled in extracurricular activities.
  • Figure the total cost of a catering order, taking into consideration item quantity, item cost, and tax rate.
  • Calculate the percentage of produce items a market needs to sell by the end of the week to remain profitable.
  • Reference a series of student homework and exam grades to assign final course grades.

Use this business math test to quickly and easily estimate the mathematical proficiency of entry-level or experienced candidates, including bookkeepers, accounting technicians, teachers, sales representatives, warehouse associates, event coordinators, catering managers, or any other applicable position that analyzes financial or numerical data to perform calculations or solve equations.

EXAMPLE QUESTIONS

Sample Question 1

See the budget below:

PROJECT BUDGET
Expense Total Cost
Transit ?
Lodging $2,400
Conference fees $2,850
Meals $700
TOTAL BUDGET $8,000

 

How much money is in the budget for transit?

 

Sample Question 2

See the price sheet below:

Monitor Price Sheet
Item Price
Black Monitor $140
Wide Monitor $320
Touchscreen Monitor $400
Sleek Monitor $310

 

A customer wants to buy 3 Sleek Monitors and 2 Wide Monitors. What’s the total cost?

RELATED JOBS

  • Administrative & Customer Support
  • Business Operations & Management
  • Finance & Accounting
  • Healthcare
  • Sales & Retail
  • Technology

ABOUT THE AUTHOR

The business math test content was developed by the Indeed Assessment Science Team, with expertise in Industrial/Organizational Psychology, Instructional Design, Education, and Graphic Design. In addition, team members worked in collaboration with subject matter experts (SMEs). Indeed’s SMEs are required to demonstrate experience performing at a high level, supervisory experience, or responsibility for defining requirements for those jobs that require business math skills.