Percents Test Review

Front

What is the formula to find the SALE PRICE of an item?

Back

SALE PRICE = Original Price - Discount

Front

How do you calculate the total cost of an item including tax?

Back

Total Cost = Original Price + (Original Price × Tax Rate)

Front

If an item is marked down by a percentage, how do you find the original price?

Back

Original Price = Sale Price / (1 - Discount Rate)

Front

What is the formula to calculate simple interest?

Back

Simple Interest = Principal × Rate × Time

Front

How do you calculate a tip based on a total bill?

Back

Tip = Total Bill × Tip Percentage

Front

What is 20% of $46.20?

Back

$9.24

Front

If a product costs $127.46 after a 15% discount, what was the original price?

Back

Original Price = $127.46 / (1 - 0.15) = $149.95

Front

How much interest would $96,000 earn in 6 months at a 2% annual interest rate?

Back

Interest = $96,000 × 0.02 × (6/12) = $960

Front

What is the total cost of an item priced at $649.00 with a 7% tax?

Back

Total Cost = $649.00 + ($649.00 × 0.07) = $694.43

Front

How do you convert a percentage to a decimal?

Back

Divide the percentage by 100 (e.g., 20% = 0.20).