Calculating Tips and Balances

Calculating Tips and Balances

Assessment

Interactive Video

•

Mathematics, Business, Life Skills

•

7th - 8th Grade

•

Practice Problem

•

Hard

Created by

Thomas White

FREE Resource

This video tutorial covers solving problems with rational numbers, including calculating retail and wholesale prices, analyzing checking account transactions, determining the impact of bank service fees, calculating water levels in an aquarium, and computing restaurant bills with tips. Each problem is broken down step-by-step to enhance understanding.

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a mattress is sold at a 50% discount for $1,200, what was its original retail price?

$1,800

$1,600

$2,000

$2,400

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the wholesale price of the mattress if the retail price was $2,400 after a 150% markup?

$1,600

$1,800

$2,000

$1,500

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the ending balance for the month of January in the checking account?

$252.20

$265.00

$429.40

$517.20

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the mean balance over four months if the balances are $252.20, $88.00, $1.70, and -$836.90.

-$123.75

$123.75

-$123.50

$123.50

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many months will it take for a bank account with $85 to become negative if a $7.50 service fee is charged monthly?

11 months

12 months

13 months

10 months

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If an aquarium initially has 225 liters and is filled at 15 liters per minute, how much water will it have after 5 minutes?

375 liters

150 liters

225 liters

300 liters

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should the sensor have read at -7 minutes if the filling rate is 15 liters per minute and the initial reading was 225 liters?

120 liters

105 liters

135 liters

150 liters

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