Mastering Percent Calculations

How do you convert a percentage to a decimal?

• Add 100

• Subtract 100

• Divide by 100

• Multiply by 100

What does 1% of 500 calculate to?

• 50

• 5

• 500

• 0.5

What does the word 'of' typically indicate in percentage calculations?

• Subtraction

• Addition

• Division

• Multiplication

If a meal costs $42.72, how much is a 20% tip?

• $0.85

• $85.4

• $4.27

• $8.54

What is the new size of a smoothie if it was 12 oz and increased by 40%?

• 17 oz

• 18 oz

• 16.8 oz

• 12.4 oz

How do you find the original amount if the new amount after an 8% increase is 86.4?

• 80

• 94.1

• 86.4

• 78

What is the formula to calculate simple interest?

• Principal + Rate + Time

• Principal x Rate x Time

• Principal / Rate / Time

• Principal - Rate - Time

What is the interest from a $2,500 deposit at 3.5% annual rate after 3 years?

• $350.00

• $175.00

• $87.50

• $262.50

What is the total balance after adding the interest from the previous question?

• $2,762.50

• $2,500.00

• $2,587.50

• $2,350.00

If a bank account increased from $64 to $96, what is the percentage increase?

• 48%

• 50%

• 25%

• 32%