Topic 3 Test Review

Front

What is 60% of 120 students?

Back

72 students

Front

What is the sale price of a pair of boots originally priced at $94.99 with a 25% discount?

Back

$71.24

Front

If a meal costs $63.90 and you leave a 20% tip, what is the total bill?

Back

$76.68

Front

What is the sale amount of a pair of shoes originally priced at $29.99 with a 10% markdown?

Back

$2.99

Front

What is the formula for calculating simple interest?

Back

Simple Interest = Principal × Rate × Time

Front

If Jenna borrowed $5,000 and paid $1,350 in interest over 3 years, what is the interest rate?

Back

9%

Front

How do you calculate the percentage of a number?

Back

Percentage = (Part/Whole) × 100

Front

What is the formula to find the total cost after a discount?

Back

Total Cost = Original Price - Discount Amount

Front

How do you calculate a tip based on a meal's cost?

Back

Tip = Meal Cost × Tip Percentage

Front

What is the meaning of 'markdown' in retail?

Back

A reduction in the original selling price of a product.