Q2 Finance Test #1

Front

What is the decimal equivalent of 3.5%?

Back

0.035

Front

How do you convert 0.384 to a percent?

Back

38.4%

Front

How many months are there in a year?

Back

12

Front

What is 57% expressed as a decimal?

Back

0.57

Front

If a lunch bill is $25.40 and you pay a 20% tip, how much is the tip?

Back

$5.08

Front

What is the formula to calculate a percentage of a number?

Back

Percentage = (Part/Whole) x 100

Front

How do you convert a fraction to a decimal?

Back

Divide the numerator by the denominator.

Front

What is the relationship between decimals and percentages?

Back

A percentage is a decimal multiplied by 100.

Front

How do you find the total amount after adding a percentage?

Back

Total = Original Amount + (Original Amount x Percentage)