Percent Quiz #2 REVIEW

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

• 95
• 105
• 125
• 135

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

Elizabeth deposits $2200.00 into a savings account. The account yields a 6% interest per year. If she does not make another deposit, how much interest will she earn after 6 months?

• $79200.00

• $792.00

• $66.00

• $6600.00

Derek sells appliances. He is paid a 6.5 percent commission on every appliance he sells. Derek sold $9,732.00 worth of appliances this week. What is Derek’s commission?

• $632.58

• $63.258

• $6,325.80

• $143.38

Robert earns 3% commission on the sale of a $512,800 home. What is his commission?

• $15,384

• $1,538,400

• $153,840

• 170,933.33

Jerry is purchasing books online. The books cost $65.00. There is a shipping and handling fee of 6% or $4.95, whichever is greater. How much shipping will he pay?

• $65.00

• $2.90

• $3.90

• $4.95

Pierre, an art dealer, earns 25% commission of the dollar value of the art pieces that he sells at the Bizzell Gallery. Pierre earns $10,800 this month. What is the total dollar value of the art that he sells?

• $43,200

• $2,700

• $270,000

• $10,800

The attendance for the basketball game was estimated to be 15,000 people but 12,500 people attended. What was the percent error?

• 16.67%

• 20%

• 2500%

• 80%

Zed went to the store and bought a bag of chips.  He estimated there would be 350 chips in the package, but realized there were only 210 chips in that package.  What was his percent error?

• 35%
• 67%
• 85%
• 92%

Mrs. Adele is buying a new tie from Macy's. It says the tie costs $15.00 but there is a sign above it that says 25% off. How much will the tie cost before taxes?

• $3.75
• $18.75
• $15.25
• $11.25