Taxes, Commission, Savings

Taxes, Commission, Savings

12th Grade

15 Qs

quiz-placeholder

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Taxes, Commission, Savings

Taxes, Commission, Savings

Assessment

Quiz

Other

12th Grade

Medium

Created by

LEEANN LEBOUEF

Used 8+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Scholar is purchasing a Silk Tie for his new suit. The silk tie has a cost of $21.55, but he has coupon for 20% off one item. What is his sales price?

$25.86

$17.24

$4.31

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Ella needs to purchase a new removable drive for her computer. The 'thumb' drive has a price of $26.69 but she has a 25% discount. What is her Sales Price?

$6.67

$20.02

#33.36

3.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

How much simple interest would be earned on a savings account of $8,000 at 4% interest per year after 3 years?

$960

$115,200

$9,600

4.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

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

$3,078

$378

$4536

5.

MULTIPLE CHOICE QUESTION

30 sec • 5 pts

Media Image

You invest $3,000 in a bank account paying 6.5% simple interest annually. How much interest will you receive after 30 months?

**Be sure to convert the 30 months to years.

$48,750

$5,850

$487.50

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If the sales tax in your city is 9.8% and an item costs $77 before tax, how much tax would you pay for that item?

$7.55

$7.54

$7.00

$7.50

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How much tip should you leave if you want to tip 23% at Applebee's on a $27.31 bill?
$6.28
$33.59
$21.03

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