Simple Interest and Commission

Felipe earns 5% commission on his sales at Best Buy. One week his sales totaled $9,650. What was his commission for the week?

• $9,167.50

• $482.50

• $965

• $487.50

Tags

CCSS.6.RP.A.3C

Emma earns 8% commission on all clothing she sells. Last month she earned $192 in commission. How much merchandise did she have to sell in total?

• $2,400

• $15.36

• $19

• $176.64

Tags

CCSS.6.RP.A.3C

How much simple interest would be earned on a savings account of $4,500 at 5.5% interest per year after 24 months?

• $594,000

• $495

• $49,500

• $5,940

Tags

CCSS.7.RP.A.3

You invest $500 at 4% rate and receive $60 in simple interest. How many years was it invested for?

• 1 year

• 2 years

• 3 years

• 4 years

Tags

CCSS.6.EE.B.7

Rachel invested $2,700 in a savings account earning 7% simple interest. If she invests for 2 years, how much money will she have in total?

• $3,078

• $378

• $40,500

• $4536

Tags

CCSS.7.RP.A.3

Find the simple interest earned for principal of $2,000 at and 8% rate for 5 years.

• $160

• $800

• $80,000

• $16

Tags

CCSS.HSF.BF.A.2

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

What is commission?

• An answer to a question

• A percent

• A percentage you earn from your total sales.

• An amount compared to 100.

Tags

CCSS.7.RP.A.3

CCSS.7.RP.A.2

Randy gets fixed salary of $2000 per month and a commission of 2% on sales. If his total sales are $30,000 for the month, find his total salary for the month.

• $2,600

• $2,000

• $32,000

• $2,040

Tags

CCSS.6.EE.B.6

Danielle sells beauty supplies and earns a base salary of $450 per week plus a 9% commission on sales. During one particular week, she sells $895 worth of beauty supplies. How much money does she earn that week?

• $530.55

• $1,345

• $80.55

• $40.50

Tags

CCSS.8.EE.C.7B