Simple Interest, Sales tax, discount, markup

Simple Interest, Sales tax, discount, markup

8th Grade

10 Qs

quiz-placeholder

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Simple Interest, Sales tax, discount, markup

Simple Interest, Sales tax, discount, markup

Assessment

Quiz

Mathematics

8th Grade

Hard

CCSS
7.RP.A.3, 7.EE.B.3, 7.RP.A.2

Standards-aligned

Created by

becky bamberger

Used 56+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Jose deposits $1500 of his tax refund into an account that earns simple annual interest. How much interest will his account earn after 6 years at an annual interest rate of 4%?

$360

$1,860

$36,000

$37,500

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Lizzy receives an inheritance of $4,700. She decides to invest her inheritance for 18 months at local bank with an interest rate of 3.5%. How much will her inheritance be worth after the year and a half?

$246.75

$4946.75

$24,675

$2,961

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In a grocery store, a $12 case of soda is discounted 20%. How much will you save?

$2.40

$2.04

$14.40

$14.04

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If the sales tax rate is 7.25% in California, then how much would you pay in Los Angeles for a pair of shoes that cost $39.00?

$2.83

$41.83

$36.17

$46.25

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

At Olive Garden, you order a meal that costs $12.95. If you leave a 15% tip, how much tip will your waiter receive?

$1.94

$14.89

$11.01

$13.10

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In a bicycle store, a $500 bicycle is marked up 30%. What is the price of the bicycle after the markup?

$150

$650

$350

$530

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How much tip should you leave if you want to tip 23% at Applebee's on a $27.31 bill?
$6.28
$33.59
$21.03

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

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