Front

What is the formula for calculating simple interest?

Back

Simple Interest = Principal × Rate × Time

Front

If you have a principal of $2,000 and an interest rate of 8% for 5 years, how much interest do you earn?

Back

$800

Front

What does a percentage represent?

Back

A percentage represents a fraction of 100.

Front

If Shlok scored 70% on his exam and got 21 questions correct, how do you find the total number of questions?

Back

Total Questions = Correct Answers / Percentage = 21 / 0.70 = 30

Front

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

Back

Percentage = (Part / Whole) × 100

Front

If Jade earned a 7% commission on a $500 sale, how do you calculate her commission?

Back

Commission = Sale Amount × Commission Rate = $500 × 0.07 = $35

Front

What percentage of 48 is 36?

Back

Percentage = (36 / 48) × 100 = 75%.

Front

How do you calculate the percentage of correct answers on a test?

Back

Percentage Correct = (Correct Answers / Total Questions) × 100

Front

If Albert got 76 problems right out of 95 total problems, what percentage did he get right?

Back

Percentage = (76 / 95) × 100 = 80%.

Front

What is the relationship between fractions and percentages?

Back

Fractions can be converted to percentages by multiplying by 100.