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Commission and Interest - Math 7

Commission and Interest - Math 7

Assessment

Presentation

Mathematics

7th Grade

Practice Problem

Medium

CCSS
7.RP.A.3, 6.RP.A.3C, 7.EE.B.3

Standards-aligned

Created by

Jennifer Griffin

Used 78+ times

FREE Resource

13 Slides • 14 Questions

1

Commission and Interest - Math 7

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2

Multiple Choice

Change 34% to a decimal

1

3.4

2

.34

3

34.00

4

.034

3

Multiple Choice

Change 3% to a decimal

1

3.00

2

.003

3

.3

4

.03

4

Multiple Choice

Beth works at a car lot. This week she sells $23,200 in cars. She earns 4% commission for all the cars she sells. How much will she earn this week?

1

24,128

2

928

3

1028

4

92.8

5

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6

Multiple Choice

Compute the sales commission:
Amount $1,700.00
Rate 4%
1
$50.00
2
$60.00
3
$65.00
4
$68.00

7

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8

Multiple Choice

Compute the sales commission:
Amount $950.00
Rate 10%
1
$90.00
2
$95.00
3
$98.00
4
$85.00

9

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10

Multiple Choice

Felipe earns 5% commission on his sales at Best Buy. One week his sales totaled $9,650. What was his commission for the week?

1

$9,167.50

2

$482.50

3

$965

4

$487.50

11

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12

Multiple Choice

Corie earns 3% commission. One day her sales totaled $850. What was her commission earned for the day?

1

$847

2

$85

3

$$824.50

4

$25.50

13

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14

Multiple Choice

Timothy earns a 15% commission on each household appliance he sells. If he sells 6 toasters at $20 each, how much does he earn in commission?

1

$18

2

$3

3

$17

4

$4

15

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16

Multiple Choice

Ann puts $300 in a bank account earning 4% interest.  How much will she earn in interest in 1 year?
1
4
2
8
3
12
4
16

17

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18

Multiple Choice

How much simple interest would be earned on a savings account of $8,000 at 4% interest per year?

1

$320

2

$32000

3

$3200

4

$32

19

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20

Multiple Choice

You invest $3,000 in a bank account paying 6.5% interest annually. How much interest will you receive in 1 year?

1

$1.95

2

$1950

3

$19.50

4

$195

21

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22

Multiple Choice

Rachel invested $2,700 in a savings account earning 1.4% simple interest. If she invests for 1 year, how much will she have in TOTAL in her account?

1

$37.80

2

$378

3

$3.78

4

$3780

23

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24

Multiple Choice

You invest $500 at 4% rate. How much interest will you earn in 1 year?

1

$20

2

$30

3

$200

4

$2000

25

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26

Multiple Choice

You owe $12,000 to your credit card company. If they are charging a 23.99% interest rate, how much interest will you have to pay?

1

$2880

2

$2878.80

3

$2878.08

27

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Commission and Interest - Math 7

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