Commission and Simple Interest

Bill earned 5% commission on a sale worth $800. How much was the commission?

• 400

• 40

• 840

• 1200

Tags

CCSS.7.RP.A.3

How much interest will you pay on a loan of $4,000 if you are given a 4% rate over 24 months?

• $4,320

• $3,840

• $320

• $3,200

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSF.LE.A.1

CCSS.HSN.Q.A.1

Jenny borrowed $200 at 6% interest for 2 years. How much total did Jenny have to pay back?

• $224

• $240

• $24

• $202

Tags

CCSS.7.RP.A.3

Hannah bought $1,500 worth of merchandise on credit. If she paid 7% interest for 4 months, how much interest did she pay?

• $420

• $1,535

• $1,920

• $35

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.4

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSN.Q.A.1

Jim sold a house for $199,000. If he earns 2.5% commission how much did he earn?

• $4,975

• $203, 975

• $49,750

• $497.50

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

How much interest will someone pay on a car loan of $30,000 at 3.5% interest for 5 years?

• $52,500

• $35,250

• $5,250

• $525

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.4

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSN.Q.A.1

What is the total of an 18 month loan of $500 at a 7% rate?

• $1,130

• $630

• $52.50

• $552.50

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

CCSS.HSN.Q.A.1

Wendy earns $7 an hour plus 3% commission on her sales. If she works 40 hours and sells $50,000, how much does she earn?

• $1,780

• $1,507

• $280

• $262.50

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.CED.A.2

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

What is 5.35% written as a decimal?

• .0535

• .535

• 5.35

• .0535%

Tags

CCSS.5.NBT.A.3

Gabby wants to earn $600 in commission this month. The price of each item is $36 and the commission rate is 6.75%.

Find the number of items she should sell in order to earn $600.

Hint: work backwards and round properly

• 246

• 247

• 1458

• 1460

Tags

CCSS.7.EE.B.3

CCSS.7.EE.B.4

CCSS.7.NS.A.2

CCSS.7.RP.A.2

CCSS.7.RP.A.3