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Reverse Percentage and Compound Interest

Authored by Ms ANDREWS

Mathematics

9th Grade

Used 1+ times

Reverse Percentage and Compound Interest
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10 questions

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1.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

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1) A camera costs £180 in a 10% sale. What was the pre-sale price?

£200

£18

£198

£162

2.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

3) The cost of a holiday, including VAT at 20% is £540. What is the pre-VAT price?

£648

£450

£675

£432.80

3.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

5) The sale price of a television is £420 after a 15% reduction. What was the price before the sale?

£63

£2800

£494

£365

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

The cost of a family ticket to Alton Towers is reduced by 35% to £123.50. What was the original cost?

£80.28

£166.73

£190

£91.48

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Find the balance in the account after the given period.

$3400 principal earning 3.6% compounded annually after 2 years

$3,420.43

$3,649.21

$3,675.39

$6,288.64

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Heather

invested $8,000 in a 4-year Certificate of Deposit (CD) that pays 4.1% interest

compounded annually. What is the value of the CD at the end

of the 4 years?

$9,394.92

$9,312.00

$1394.00

$1312.00

7.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Damara invests $3500 at 2% compounded continuously for 5 years. How much will she have in her account after 5 years?

$3868.10

$3886.10

$3688.10

$3286.10

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