Topic 4 Test Review PA

What term is used to describe the decrease from the original price of an item to its sale price?

• Markup

• Markdown

• Principal

• Percent change

What is the term for the accuracy of a new value compared to its original value?

• Markup

• Principal

• Percent change

• Simple interest

What is the initial amount of money that is deposited in an account called?

• Markup

• Markdown

• Principal

• Simple interest

What term describes how much a quantity has changed relative to its original amount?

• Markup

• Markdown

• Simple interest

• Percent change

What is 0.8% of 1,046?

• 8.368

• 83.68

• 0.8368

• 836.8

Find 160% of 98.

• 156.8

• 196.8

• 158.6

• 168.8

A company charges a shipping fee that is 4.5% of the purchase price for all items it ships. What is the fee to ship an item that costs $56?

• $2.52

• $2.25

• $2.45

• $2.50

24.94 is 29% of what number?

• 86

• 84

• 82

• 88

On Thursday, a restaurant serves iced tea to 35 of its 140 customers. What percent of the customers order iced tea?

• 20%

• 25%

• 30%

• 35%

Liam puts $40 in savings in March and 175% of this amount in savings in April. How much does Liam put in savings in April?

• $70

• $60

• $80

• $90