MATH7_LNHS

Which of the following items describes a percentage decrease?

• TAX

• DISCOUNT

• COMMISSION

• INTEREST

What is the term used for the amount charged for the use if borrowed money over a specific period of time?

• SALES TAX

• INTEREST

• DISCOUNT

• PERCENT

Which of the following describes a percentage increase?

• GAIN

• DISCOUNT

• LOSS

• DEPRECIATION

What is the term used for the amount of money paid to employees for selling merchandise?

• SALES TAX

• INTEREST

• PRINCIPAL

• COMMISSION

What is the underlined number: 40 is 50% of 80?

• PERCENTAGE

• BASE

• RATE

• PRINCIPAL

What is underlined term: 12% of 200 is 24?

• PERCENTAGE

• BASE

• RATE

• PRINCIPAL

What is the percent form of 0.56?

• 0.56%

• 5.6%

• 56%

• 560%

Which is the correct formula for finding the commission?

• C = S x R 

• C = S ÷ R

• C = S + R

• C = S - R

What is the decimal form of the rate 112%?

• 0.112

• 1.12

• 11.2

• 112.0

In the formula for finding the sales tax, what does R means?

• TAX RATE

• SALES TAX

• TOTAL SALES

• REVENUE