8 Percentages Progress Quiz

What is cost price ?

Cost price is the price at which something is brought.

What is selling price?

Selling price is the price at which something is sold.

What is loss?

• When cost price is more than the selling price then its a loss

• Cost price - Selling price = Loss

What is profit ?

• Its a profit if the selling price is more than the cost price.

• Selling price - cost price = profit 

What is loss percent?

Loss percent is the percentage of loss


mathematical representation is given

What is profit percent?

Profit percent is the  percentage of profit 

mathematical representation is given

Multiple Choice

If the cost price of an item is $10 and the selling price is $12, was a profit or a loss made?

• profit

• loss

• neither

Multiple Choice

Find the loss of an item that cost $190 and sold for $175.

• $25

• $15

• -$15

• $30

Multiple Choice

Jamie builds and sells boxes for worm farms. The materials to build cost $13. She sells the boxes for $20. How much profit will Jamie make?

• $7

• $27

• $13

• $20

Decimals to Percents

​Multiply by 100

Add the % sign​

​A percent can be a whole number or a decimal

Multiple Choice

Express 17/25 as a decimal

• 0.68

• 0.675

• 0.7

• 17.25

Fractions to Decimals

​Divide the numerator by the denominator

​You may need to round if the decimal

does not terminate or end.

Remember 4 or below leave it alone

5 or higher round up​

Multiple Choice

Convert the decimal 4.025 to a percent.

• 4.025%

• 40.25%

• 402.5%

• 0.04025%

Multiple Choice

Convert the decimal 0.875 to a percent

• 8.75%

• 87.5%

• 875%

• 0.00875%

Percent to Decimal

​Remove the % sign

Divide by 100​

Be careful moving your decimal

Multiple Choice

Convert 18.75% to a decimal

• 1875

• 0.01875

• 1.875

• 0.1875

Multiple Choice

Convert 3.5% to a decimal

• 0.035

• 0.0035

• 350

• 35

​Percent to a Fraction

​Remove the % sign

Place over 100

Simplify​

Start small when simplifying if necessary

Multiple Choice

Express 32% as a fraction in simplest form

• 32/100

• 8/25

• 16/50

• 100/32

Multiple Choice

Express 5% as a fraction in simplest form

• 5/10

• 1/2

• 5/100

• 1/20

Multiple Choice

What is $$\frac{3}{5}$$ as a decimal?

• 0.35

• 0.3

• 0.5

• 0.6

Multiple Choice

What is 51% as a decimal?

• 0.5

• 0.1

• 0.51

• 5.1

Multiple Choice

What is the equivalent of 3/8 written as a decimal?

• 0.38

• 0.375

• 3.8

• 0.3

Discounts vs Markups

When an item is marked up, a percentage of the original price is added to the original price.​

​

​Mark up

​When an item is discounted, ​a percentage of the original price is taken off of the original price.

Discount

​Discounts vs Markups

Multiple Choice

The Cowboys jacket has an original price of $64.00 but has a discount of 20%. What is the selling price to the nearest cent?

• $52.60

• $48.56

• $12.80

• $51.20

Multiple Choice

Mr. Nihart is looking to buy his nephew a T-Rex sweatshirt that has an original price of $27.00 but is 45% off. What is the new selling price?

• $14.85

• $12.15

• $60.00

• $13.80

Multiple Choice

I bought a car for 19,000. The dealer marked up the price by 40%. How much did the dealer buy the car for originally?

• $10,000

• $13,571

• $12,045

• $47,500