Financial Literacy Review

15% of 240 is what number?

• 45
• 36
• 72
• 60

A shoe store advertises that all shoes are on sale for 25% off the regular price.  Find the sale price of a pair of shoes that have an original price of $85.

• $113.33
• $63.75
• $21.25
• $40.75

102 is 6% of what number?

• 17
• 1.7
• 170
• 1700

If a jacket is on sale for 30% off the regular price of $64.29, how much is the discount?

• $30.00
• $45.85
• $19.65
• $21.83

Using I = prt
Determine the amount of interest owed after 2 years on a $850 loan at 12 1/4 % if no payments are made.  

• $745.87
• $208.25
• $104.13
• $1058.25

Express 0.47 as a percent

• 0.4%
• 4.7%
• 47%
• 470%

Find 30% of 300.

• 90
• 900
• 10
• 100

percent of change = amount of change/original amount
The average price for gasoline rose from $2.85 to $3.24 in one day.  Find the percent of increase.

• 13.7%
• 12%
• 39%
• 21.4%

If you buy a necklace for $400 on your credit card, which charges 21.3% simple interest, how much interest will be added after 15 months?
*Remember to convert 15 to years = 15/12.   I made 15/12 into a decimal and multiplied. 

• $106.50
• $100.00
• $85.20
• $266.25

40 is what percent of 25?

• 16%
• 62.50%
• 10%
• 160%