Mastering Percentages and Interest in Money Math

A store is having a sale where all items are 20% off. If a jacket originally costs $80, what is the sale price of the jacket?

• $72

• $64

• $48

• $80

You invest $1,000 in a savings account that earns 5% interest per year. How much interest will you earn after 3 years?

• $100

• $150

• $200

• $75

A car dealership offers a 15% discount on a car that costs $25,000. What is the final price of the car after the discount?

• $21,250

• $23,750

• $20,000

• $22,500

If you borrow $500 at an interest rate of 8% per year, how much total money will you owe after 2 years?

• $600.00

• $550.00

• $583.20

• $500.00

A student has $150 and spends 30% of it on books. How much money does the student have left after the purchase?

• 120

• 75

• 105

• 90

You want to buy a laptop that costs $1,200. If you can save 10% of your monthly allowance of $300, how many months will it take to save enough to buy the laptop?

• 30 months

• 20 months

• 50 months

• 40 months

A bank offers a savings account with a 4% annual interest rate. If you deposit $2,500, how much money will you have in the account after 5 years, assuming no additional deposits?

• $3,500.00

• $3,041.63

• $2,500.00

• $3,000.00

A restaurant bill comes to $60. If you want to leave a 15% tip, how much should you leave as a tip?

• $9

• $15

• $12

• $6

You have a credit card with a balance of $1,200 and an interest rate of 18% per year. How much interest will you accrue in one month if you do not make any payments?

• $18

• $36

• $12

• $24

If a pair of shoes costs $90 and you have a coupon for 25% off, what will be the final price you pay for the shoes after applying the coupon?

• $75.00

• $90.00

• $67.50

• $67.00