Level 1: Percent Applications

Flashcard
•
Mathematics
•
7th Grade
•
Hard
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15 questions
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1.
FLASHCARD QUESTION
Front
What is a percent?
Back
A percent is a ratio expressed as a fraction of 100. It represents a part of a whole.
2.
FLASHCARD QUESTION
Front
How do you calculate a percentage of a number?
Back
To calculate a percentage of a number, multiply the number by the percentage (in decimal form). For example, to find 20% of 50, calculate 50 x 0.20 = 10.
3.
FLASHCARD QUESTION
Front
What is a raise in salary?
Back
A raise in salary is an increase in the amount of money earned, usually expressed as a percentage of the current salary.
4.
FLASHCARD QUESTION
Front
How do you calculate the new salary after a raise?
Back
To calculate the new salary after a raise, multiply the current salary by the raise percentage (in decimal form) and add it to the current salary. For example, if the current salary is $10 and the raise is 10%, the new salary is $10 + ($10 x 0.10) = $11.
5.
FLASHCARD QUESTION
Front
What is sales tax?
Back
Sales tax is a percentage added to the price of goods and services, collected by the seller and paid to the government.
6.
FLASHCARD QUESTION
Front
How do you calculate the total cost including sales tax?
Back
To calculate the total cost including sales tax, multiply the price by the sales tax rate (in decimal form) and add it to the original price. For example, for a $100 item with a 5% tax, the total cost is $100 + ($100 x 0.05) = $105.
7.
FLASHCARD QUESTION
Front
What is a discount?
Back
A discount is a reduction in the price of a product or service, usually expressed as a percentage of the original price.
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