
Simple Interest, Sales tax, discount, markup

Quiz
•
Mathematics
•
8th Grade
•
Hard
Standards-aligned

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