UNIT 1 TEST: FRACTIONS, PERCENTAGES, SIMPLE INTEREST

The rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______.

• fraction

• decimal

• ratio

• dollar amount

Tags

CCSS.7.RP.A.3

43.5% of this skeleton's body is his the mermaid tail. Write that percent as a decimal.

• 4.35

• .435

• .0435

• 4300

Tags

CCSS.5.NBT.A.3

CCSS.5.NBT.B.7

Emilio borrows $1200 from a bank with 8% simple interest per year. How much will he have to pay back total in 2 years?

• $150

• $192

• $1350

• $1392

Tags

CCSS.7.RP.A.3

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. What will the value of Jerry's account be after 5 years?

• $520,000

• $120,000

• $5,200

• $1,200

Tags

CCSS.7.RP.A.3

Pennywise puts $300 in a bank account earning 4% interest. How much will he earn in interest in 1 year?

• 4

• 8

• 12

• 16

Tags

CCSS.7.RP.A.3

Mr. Pham has $410,000 in a retirement account that earns 3.85% simple interest each year. Determine the amount earned each year by this investment.

• $15,785

• $157,850

• $425,785

Tags

CCSS.7.RP.A.3

There are 100 students in a school.

55 are boys.

What percentage of boys go to this school?

• 5.5%

• 50%

• 55%

• 45%

Amy got  $\frac{30}{50}$   in a test.
John got 60% in the same test.
Who got the better result?

HINT: You need to change the fraction into a percentage.

• Amy

• John

• They both got the same result.

• They both failed the test.

Which of these statements is correct?

• $\frac{1}{2}$ as a percentage is 55%
  

• 75% and $\frac{3}{4}$ have the same value
  

• 35% and 75% make 100%

• 50% of 40 is 25
  

Put these in order from smallest to largest.

HINT: convert them all to the same unit (either fractions, decimals or percentages)

• $\frac{1}{4}$ , 0.6, 50%
  

• 50%, $\frac{1}{4}$, 0.6
  

• $\frac{1}{4}$ , 50%, 0.6