M2, T1 Mid-Topic Assessment

TEKS 7.4D

The price for a pair of jeans was reduced from $40 to $24. By what percentage was the price for the pair of jeans reduced?

• 25%

• 30%

• 40%

• 45%

TEKS 7.4D

Nora has a collection of 2500 stamps. Of the stamps in Nora’s collection, 30% show U.S. presidents, 45% show animals, and the rest show famous athletes. How many stamps in Nora’s collection show famous athletes?

• 625 stamps

• 750 stamps

• 800 stamps

• 825 stamps

TEKS 7.13A

The price of a picture frame is $12 plus 7% sales tax. What is the amount of sales tax on this picture frame?

• . $0.084

• $0.84

• $1008.00

• $1488.00

TEKS 7.13E

Jia Li invested an initial amount of $480 into an account with a 3% simple interest rate. If Jia Li does not make any withdrawals or additional deposits, what is the total amount she will have in her account at the end of 7 years?

• $100.80

• $580.80

• . $1008.00

• $1488.00

TEKS 7.13F

Jacob wants to buy a new e-book reader that costs $120. He has a coupon for 15% off the item and another coupon for $20 off the item. He can only use one coupon. Which should he use to get the best deal on the e-book reader? Explain your reasoning.

• $20 off coupon; He saves $2 by using the $20 off coupon instead of the 15% off coupon.

• $20 off coupon; He saves $5 by using the $20 off coupon instead of the 15% off coupon.

• 15% off coupon; He saves $2 by using the 15% off coupon instead of the $20 off coupon.

• 15% off coupon; He saves $5 by using the 15% off coupon instead of the $20 off coupon.

A realtor makes 5% commission on each sale. How much commission does the realtor earn for selling a $150,000 home?

• The commission is $750,000.

• The commission is $75.

• The commission is $7500.

• The commission is $750.

7.4D

A realtor makes 5% commission on each sale. If the realtor earned a $8750 commission, what was the price of the home?

• $1705.88

• $437.50

• $875000

• $175000

7.13E

I=Prt

P=175

r=2%

t=5 years

I=?

• $17

• $17.50

• $1750

• $1700

7.13 E

I=Prt

I=$43.50; P=$290; r=5%; t=?

• 630.75 years

• 33 years

• 3 years

• 4 years

7.13 E

I=Prt

I $54

P=?

r=3%

t=6 years

• $3

• $30

• $300

• $3000