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WorksheetsUnit 5 Test Review
Total questions: 50
Worksheet time: 13hrs 30mins
The rate is given as a percent (%). Before using it in the simple interest formula, you must first convert it to a______.
fraction
decimal
ratio
dollar amount
You lend $240 to your friend. He pays you back $270. What interest rate did you charge your friend?
88%
20%
12.5%
10%
Anna invested $2,500 at an annual rate of 5%. How long will it take until Anna earns $1,125 in interest?
5 years
8 years
10 years
9 years
Beyonce went to the mall and saw a massage chair that she would have to take a loan out for $6500 to purchase. The bank said that she could get a simple interest rate of 8% for 5 years. What is the total amount that Beyonce will pay for the chair?
$2600
$910
$9100
$260
A TV that normally cost $800 is on sale for 33% off. There is a 6% sales tax on the purchase. What is the final cost of the TV?
$536.00
$568.16
$279.84
$321.60
You are planning a vacation to Hawaii that will cost $5875, but if you schedule it today you can save 20%. How much will you save by scheduling it today?
$7050.00
$4700.00
$1175.00
$117.50
The Green family went to dinner and the bill was $67.45. Mr. Green wanted to leave an 18% tip for the waiter. How much will the waiter receive?
$121.41
$55.31
$79.59
$12.14
The Green family went to dinner and the bill was $67.45. Mr. Green wanted to leave an 18% tip for the waiter. How much is the total bill?
$79.59
$12.14
$121.41
$72.85
Find the cost of a comic book for $3.95 with a markup of 20%
$0.80
$0.79
$4.74
$4.75
Find the price of a microphone for $129.99 with 1% tax.
$1.29
$1.30
$131.28
$131.29
28 is 70% of what number?
35
40
50
55
How much tax would you pay on a new TV that is $899 at Best Buy, if the tax rate is 6.5%?
$957.44
$841
$58.44
What is the ending balance of the account?
$74.34
$160.82
$49.67
$14.34
How much was the new cd player?
$366.97
$216.30
$55.57
$110.67
