TAX, TIP, DISCOUNT, COMMISSION AND SIMPLE INTEREST

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

Principal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?

• 95
• 105
• 125
• 135

Tags

CCSS.7.RP.A.3

Dan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

• $120
• $144
• $1,200
• $1,440

Tags

CCSS.7.RP.A.3

The simple interest formula is I=Prt.  What does the t represent?

• Principle
• Interest
• Time, in hours
• Time, in years

Tags

CCSS.8.EE.C.7B

Convert 18 months to years. 

• 18 Years
• 1.5 Years
• .18 Years
• You cannot change it to years.

Tags

CCSS.4.MD.A.1

A pair of boots are $94.99.  They are 25% off. With this discount, what is the sale price? Round to nearest cent if necessary.

• $71.24
• $118.74
• 23.7475
• $23.75

Tags

CCSS.6.RP.A.3C

Discount is ____________ from the price.

• added
• divided
• subtracted
• divided

Tags

CCSS.6.RP.A.3C

A sweater originally cost $37.50. Last week, Nya bought it at 20% off. How much money was deducted from the original price?

• $7.50

• $17.50

• $20.00

• $30.00

Tags

CCSS.6.RP.A.3C

Jorge buys a bowl of soup and bread for $8.00 and leaves a 6% tip. What is the total cost of the meal?

• $0.48

• $4.80

• $7.94

• $8.06

• $8.48

Tags

CCSS.6.RP.A.3C

At a French restaurant, you order a salad for $2.50 and lasagna for $8.25. If the sales tax is 8%, what is the total of your bill including sales tax?

• $11.61

• $0.86

• $9.89

• $19.89

Tags

CCSS.6.RP.A.3D