I'll give you a quick list of advice I give my students. stapel has already given you some of it.
1. As stapel mentioned, if this is a non-calclulator situation, if you have to divide by something ugly, like 17, odds are that whatever is in the numerator has a factor of 17 in it, too. Look for the simplification before you multiply everything out. More likely than not, the numbers won't turn out to be too bad.
2. One of the first things to address in a Physics problem is units: pick a distance unit... if the problem uses speed in mph you probably want to use miles. Ditto for time. It really doesn't matter in the end which units you use, you just need to be consistent. When in doubt, if you have two units in the problem, such as 20 mph and 100 ft, choose the smaller unit and convert mph to feet/hr, or even ft/min. Then change anything else accordingly.
3. Work through as much of the problem as you can using just variables. It probably won't do much for this level of problem, but it's easier to keep track of units, you don't accumulate rounding errors, and in many cases a lot of stuff you didn't really need to know just falls out of the problem. (If you continue in Physics, you will find a number of problems that appear to need a mass do not give you one. That's because, in the end, the mass term cancels out somewhere and you didn't really need it.)
4. Take a moment to ask "Does my answer make sense?". If your question is about how long it takes a car moving with a speed of 60 mph to travel a distance of distance of 60 miles, and your answer is 10 hours, the hairs on the back of your neck should be stiffening! It doesn't take long and you can catch some simple and easy to make mistakes this way.
5. Finally, since this is a timed test, you need to budget your time. My personal favorite strategy is to go through the whole test and answer any questions you can immediately answer, or that are simple enough to you to not require a lot of time to do. Then see how much time is left and divide it up between the rest of the problems. Then go through it again. If you get stuck somewhere, move to the next problem... don't get bogged down on a single problem, you can always come back to it again if you have time. Keep track of the time, but do not panic when time is getting low! Just do the best that you can, you can't do it any better. Never take a personal stake in an exam, it can cripple your ability to think on your feet. As Adidas says "Just do it.". And when you are done, just walk away.
Hope it helps!
-Dan