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WorksheetsSales Tax, Discount, and Simple Interest
Total questions: 9
Worksheet time: 9mins
Name
Class
Date
1.
This chart shows the breakdown of the money collected during a 6th grade fundraiser.
Dinner Ticket Sales
Number of Cost of Tickets Tickets Sold
313 $7.95
The money collected from the fundraiser was invested in a savings account at 6.5% simple interest. How much will the class withdraw after 2.5 years when they are 8th graders?
Dinner Ticket Sales
Number of Cost of Tickets Tickets Sold
313 $7.95
The money collected from the fundraiser was invested in a savings account at 6.5% simple interest. How much will the class withdraw after 2.5 years when they are 8th graders?
a)
$2,892.71
b)
$2,488.35
c)
$404.36
d)
$363.86
2.
In a credit union, if you keep $800 in a savings account for 5 years, your money will earn $100. What annual simple interest rate does the bank offer?
a)
1.5%
b)
1.75%
c)
2.25%
d)
2.5%
3.
Veronica purchased a prom dress on sale for $125.00. The original price was $179.00. What was the percent of discount? Round to the nearest whole percent.
a)
60%
b)
54%
c)
45%
d)
30%
4.
Anna charges $45 for the bracelets she sells at her boutique. It costs her $16 to make the bracelets. Which is closest to the percent markup in cost?
a)
36%
b)
64%
c)
155%
d)
181%
5.
In Virginia, consumers pay a 5%sales tax on most purchases.Including tax, how much must aperson pay to buy a DVD thatcosts $24?
a)
$24.05
b)
$25.20
c)
$26.40
d)
$36.00
6.
Ricardo has a savings account thatpays 3% simple interest. After2 years, he made $48 in interest.Use the formula I = Prt to find how much principle (P) he initially had in the account.
a)
$72
b)
$80
c)
$720
d)
$800
7.
Jie buys lunch at a local cafe for$8.60. If she leaves a 15% tip, how much does she spend at the cafe?
a)
$9.03
b)
$9.46
c)
$9.89
d)
$10.32
8.
A sporting goods store reduced its prices on all skateboards by 25%. If the original price of a skateboard was $68, what is its discount price?
a)
$17
b)
$43
c)
$51
d)
$85
9.
How much is the discount on a coat that was originally priced at $129 if it is on sale for 35% off?
a)
$45.15
b)
$71.47
c)
$83.85
d)
$94.95
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