Percent Application
Flashcard
•
Mathematics
•
7th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
What is the formula to calculate the total amount to be paid back on a loan with interest?
Back
Total Amount = Principal + (Principal × Interest Rate × Time)
2.
FLASHCARD QUESTION
Front
If an item originally costs 'p' dollars and is on sale for a 25% discount, what is the sale price?
Back
Sale Price = p - (0.25 × p) = 0.75p
3.
FLASHCARD QUESTION
Front
How do you calculate the amount saved when receiving a percentage discount on an item?
Back
Amount Saved = Original Price × Discount Percentage
4.
FLASHCARD QUESTION
Front
What is the sales tax formula?
Back
Sales Tax = Price of Item × Sales Tax Rate
5.
FLASHCARD QUESTION
Front
If you want to leave a tip that is a percentage of the total bill, how do you calculate it?
Back
Tip Amount = Total Bill × Tip Percentage
6.
FLASHCARD QUESTION
Front
What is 25% of $22.00?
Back
$5.50
7.
FLASHCARD QUESTION
Front
How much is the sales tax on a $59.99 radio and a $13.99 CD if the tax rate is 7%?
Back
Sales Tax = (59.99 + 13.99) × 0.07 = $5.18
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