Test - Percents

Front

What is the formula to calculate the percentage of a part compared to a whole?

Back

Percentage = (Part / Whole) × 100

Front

If 15 out of 60 is what percent, how do you calculate it?

Back

Percentage = (15 / 60) × 100 = 25%.

Front

What does a 25% markup mean in pricing?

Back

A 25% markup means increasing the cost by 25% to determine the selling price.

Front

How do you calculate the selling price after a markup?

Back

Selling Price = Cost + (Markup Percentage × Cost)

Front

If a sofa costs $950 and has a 25% markup, what is the selling price?

Back

Selling Price = $950 + (0.25 × $950) = $1,187.50.

Front

What is the definition of percent?

Back

Percent means 'per hundred' and is a way to express a number as a fraction of 100.

Front

If 60% of coins are dimes and there are 48 dimes, how do you find the total number of coins?

Back

Total Coins = 48 / 0.60 = 80.

Front

What is a discount?

Back

A discount is a reduction in the original price of a product.

Front

How do you calculate the original price after a discount?

Back

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

Front

If a jacket is sold for $52.50 after a 25% discount, what was the original price?

Back

Original Price = $52.50 / (1 - 0.25) = $70.