Percents Quiz #2 9/29/23

Jerry borrowed $4,000 for 5 years at 6% simple interest rate. How much interest is that?

• $800
• $1,000
• $1,200
• $1,500

What is 7.25% converted to a decimal?

• .725
• 0.725
• 0.0725
• 7.25

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

• $120
• $144
• $1,200
• $1,440

Find the simple interest paid on a loan of $750 with an 18% rate over 2 years.

• $135

• $13,500

• $270

• $27,000

Find the simple interest paid on a loan of $1,500 at a rate of 19% 15 months.

• $356.25

• $427,500

• $4,275

• $285

An item originally priced at $55 is marked 25% off. What is the sale price?

• $41.25

• $45.75

• $49.00

• $51.25

A sweater is marked down 35% off the original price. The original price was $40. What is the sale price of the sweater before sales tax?

• $35

• $26

• $22

• $18

On February 15, Valentine's Day candy is markdown by 60%.  If a large bag of snack-sized chocolate retailed for $12, what is the clearance price?

• $7.20
• $16.80
• $4.80
• $5.23

The pizza store is having a 30% off sale on all of its pizzas. If the pizza you want regularly costs $14, how much would you save with the discount?

• $9.80

• $4.20

• $18.20

• $4.00

Ralph buys a computer for $675. The sales tax rate is 6%. How much did Ralph pay for the computer?

• 40.50
• 715.50
• 6.00
• 634.50