Search Header Logo
  1. Resource Library
  2. Math
  3. Financial Literacy
  4. Consumer Math
  5. Consumer Math
Consumer Math

Consumer Math

Assessment

Presentation

Mathematics

8th Grade

Medium

CCSS
6.RP.A.3C, 7.RP.A.3, 7.NS.A.3

+4

Standards-aligned

Created by

Salvador Tolete

Used 13+ times

FREE Resource

10 Slides • 19 Questions

1

Multiple Select

What sets of numbers do all of these numbers belong to?

{25, 1.5, 0}\left\{\sqrt{25},\ 1.5,\ 0\right\}

1

irrational

2

rational

3

integer

4

whole number

5

real

2

Multiple Select

What values of x will satisfy the equation

x2=100x^2=100  

1

10

2

-50

3

50

4

-10

3

Consumer Math

4

​TAX

  • A percentage if something paid to the government​

  • TAX = _% of the amount ​_

  • TOTAL COST = Original + Tax

5

Multiple Choice

What is the sales tax?

Price $6.15

Tax 7%

1

$6.58

2

$0.43

3

$6.22

4

$43.05

6

Multiple Choice

What is the total cost with sales tax?
Price $30.10
Tax 7%
1
$35.00
2
$25.18
3
$2.11
4
$32.21

7

​TIP

  • A money given to someone who performed service

  • TIP = _% of the amount ​_

  • TOTAL BILL = Original + Tip

8

Multiple Choice

Mike went to Beggar's with his family. Their total bill was $65.41 and they wanted to leave a 20% tip. How much of a tip did they leave?

1

$13.082

2

$13.08

3

$14.00

4

$13.00

9

Multiple Choice

Ryan went to Cracker Barrel with his mom. Their total bill was $26.85 and they wanted to leave a 23% tip. How much did they leave in total?

1

$33.03

2

$6.18

3

$17.67

4

$33.0255

10

​DISCOUNT

  • A percentage taken off from the cost of something

  • DISCOUNT = _% of the amount ​_

  • SALE PRICE = Original - Discount

11

Multiple Choice

A product is originally priced at $55 and is on sale for 25% off. How much is the discount?

1

$11.25

2

$14

3

$13.75

4

$41.25

12

Multiple Choice

A sports store near Big Bear Lake
is having a 20% off sale on all water skis. 
What will the sale price be for water ski’s that regularly sell for $248?
1
$297.60
2
$198.40
3
$49.60
4
$201.40

13

MARKUP

  • A percentage added to the cost of something to make profit

  • MARKUP = _% of the amount ​_

  • SELLING PRICE = Original + Markup

14

Multiple Choice

A store pays $1.50 for a bag of candy. If the store wants to mark-up the price 60%, how much is the markup amount for the bag of candy?

1

$2.10

2

$2.40

3

$.60

4

$.90

15

Multiple Choice

A computer store used a markup rate of 40%. Find the selling price of a computer game that costs $25.

1

$35.50

2

$15

3

$33

4

$35

16

INTEREST

17

Multiple Choice

Starting money = $350.
Interest rate = 2.5%
TIme = 3 years.
How much interest?
1
$7.50
2
$26.25
3
$87.5
4
$262.50

18

Multiple Choice

Beyonce went to the mall and saw a massage chair that she would have to take a loan out for $6,500 to purchase.  The bank said that she could get a simple interest rate of 8% for 5 years.  What is the total amount that Beyonce will pay for the chair?
1
$2600
2
$910
3
$9100
4
$260

19

PERCENT OF CHANGE

  • Determines how much is the change from the original value to the new value

media

20

Multiple Choice

Tickets to Disney World are $100. The price is going to increase on January 1. What is the percent of change if the cost increases to a $120?
1
25%
2
18%
3
20%
4
50%

21

Multiple Choice

The Polar Express movie is $13 and it will be on sale for $9.What is the percent of discount?

1
15%
2
31%
3
10%
4
32%

22

PROPORTION

  • Proportion is formed if two ratios are equal

media

23

Multiple Choice

It takes Emma 18 minutes to type and spell check 14 pages of manuscript. How long will it take her to type and spell check 77 pages?

1

18 minutes

2

99 minutes

3

60 minutes

4

1,386 minutes

24

Multiple Choice

If a car travels 280 miles in 7 hours, how far will it travel in 12 hours?

1

480 miles

2

1,960 miles

3

84 miles

4

25 miles

25

CHECKING ACCOUNT

  • An account that allows us to deposit and write a check.

  • DEPOSIT is ADDED

  • WITHDRAW is SUBTRACTED

26

RECONCILING A CHECKING ACCOUNT

  • Reconciling is a process used to verify that two sets of records (bank statement and checkbook register) are in agreement.

27

Poll

Question image

Does the account reconcile?

Yes

No

28

Multiple Choice

Question image

What is the balance of the account on 12/16/19?

1

$50.51

2

$80.51

3

$29.57

4

$24.12

29

Multiple Choice

Question image

What is the ending balance of the account on December?

1

$50.51

2

$80.51

3

$29.57

4

$24.12

What sets of numbers do all of these numbers belong to?

{25, 1.5, 0}\left\{\sqrt{25},\ 1.5,\ 0\right\}

1

irrational

2

rational

3

integer

4

whole number

5

real

Show answer

Auto Play

Slide 1 / 29

MULTIPLE SELECT