Unit 5 Test Review

Front

What is the total if you pay a 4% tax on a small swimming pool that costs $24.99?

Back

$25.99

Front

How much tax would you pay on a new TV that costs $899 at a tax rate of 6.5%?

Back

$58.44

Front

Find the percent change from an original amount of 16 to a new amount of 11.

Back

31%

Front

If Eliza bought a meal for $12.00 and tipped the waiter 25%, how much was the tip?

Back

$3.00

Front

What is the percent error if you estimate 200 people attended a concert and the actual attendance was 240?

Back

17%

Front

What is the formula to calculate tax amount?

Back

Tax Amount = Cost × Tax Rate

Front

How do you calculate percent change?

Back

Percent Change = ((New Amount - Original Amount) / Original Amount) × 100

Front

What is the formula for calculating percent error?

Back

Percent Error = |(Estimated Value - Actual Value) / Actual Value| × 100

Front

If a product costs $50 and has a 10% discount, what is the sale price?

Back

$45.00

Front

What is the definition of a tip in a restaurant context?

Back

A tip is a sum of money given to a waiter or service worker as a reward for their service.