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Worksheets

Sharks Assessment

Total questions: 75

Worksheet time: 47mins

Name
Class
Date
1.

What does the "R" in the interest formula stand for?

a)

Rate

b)

Principal

c)

Interest

d)

Time

2.

What does the P in I =PRT mean?

a)

Power

b)

Principal

c)

Product

d)

Percent

3.

Nick borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?

a)
$120
b)
$144
c)
$1,200
d)
$1,440
4.
What is the formula for simple interest?
a)
A=P(1+r)t
b)
I=Prt
c)
I=P(1+r)t
d)
A=Prt
5.

Timmi puts $300 in a bank account earning 4% interest.  How much will she earn in interest in 1 year?

a)
4
b)
8
c)
12
d)
16
6.

Emily borrowed $9,000 for 6 months at 10% annual simple interest rate. How much interest is that?

a)

$450

b)

$5400

c)

$45,000

d)

$450,000

7.

Alina Davis expects to receive $2000 in six months. Her bank offers loans at an annual rate of 5.60%. How much could she borrow now if she wants to be able to pay off the entire loan (including interest) with the $2000 she will receive in six months?

a)

$1845.57

b)

$1945.53

c)

$1923.78

d)

$1887.94

8.

How much interest is earned on $269 at 10% for five years?

a)

$134.25

b)

$134.75

c)

$134.50

d)

$135.00

9.

How much interest does a $482 investment earn at 5% over three years?

a)

$71.30

b)

$72.30

c)

$73.30

d)

$75.30

10.

How much interest is earned on $583 at 8% for six years?

a)

$255.84

b)

$280.84

c)

$279.84

d)

$279.84

11.

How much interest is earned on $583 at 8% for six years?

a)

$260.84

b)

$280.84

c)

$279.84

d)

$250.84

12.

You go shopping for a new hoodie. There is one for $39.99 that is 30% off. What would be the cost after the discount?

a)

$11.99

b)

$12

c)

$51.99

d)

$27.99

13.

Your bill at a restaurant is $52.00. You want to leave a 20% tip, so how much should the tip be?

a)

$5.20

b)

$62.40

c)

$10.40

d)

$20.00

14.

Last month you were earning $10.00 per hour at your job. You performed well and received a 5% raise. How much are you now earning?

a)

$0.50

b)

$10.50

c)

$15.00

d)

$10.05

15.

What is 62% of 400?

a)

152

b)

248

c)

62

d)

24.8

16.

IntraTechnology Corporation has 80,000 shares outstanding. If the market capitalization of the company is $320,000, how much does each share cost?

a)

$4.75 per share

b)

$4.50 per share

c)

$4.25 per share

d)

$4.00 per share

17.

The closing share price today for Alphawise, Inc. was $3.00. If the company has 101,000 shares of its stock outstanding, what value is the market giving the company?

a)

$309,000.00

b)

$306,000.00

c)

$303,000.00

d)

$300,000.00

18.

The market capitalization of ElectroSneeze, Inc. is $150,000, and it has 75,000 shares of its stock outstanding. How much should each share cost?

a)

$2.00 per share

b)

$2.20 per share

c)

$2.40 per share

d)

$2.60 per share

19.

ZoomTechnology, Inc. has 264,000 shares outstanding. If today's closing price was $6.00 per share, what is the company's market capitalization?

a)

$1,564,000

b)

$1,574,000

c)

$1,594,000

d)

$1,584,000

20.

The closing share price today for InterSneeze, Inc. was $7.00. If the company has 217,000 shares of its stock

outstanding, what value is the market giving the company?

a)

$1,519,000

b)

$1,518,000

c)

$1,517,000

d)

$1,516,000

21.

The market capitalization of IntraWongle Corp. is $120,000, and it has 60,000 shares of its stock outstanding. How much should each share cost?

a)

$2.00 per share

b)

$2.20 per share

c)

$2.40 per share

d)

$2.50 per share

22.

The closing share price today for OmniWare International was $4.00. If the company has 242,000 shares of its stock

outstanding, what value is the market giving the company?

a)

$968,000

b)

$978,000

c)

$958,000

d)

$948,000

23.

ProtoTron, Inc. has 771,000 shares outstanding. If the market capitalization of the company is $6,168,000, how much does each share cost?

a)

$8.00 per share

b)

$8.25 per share

c)

$8.30 per share

d)

$8.10 per share

24.

The market capitalization of Wonderview, Inc. is $372,000 at the company's most recent trade of $6.00 per share. How many shares of stock are outstanding?

a)

62,000

b)

62,500

c)

64,000

d)

62,000

25.

Multiview, PLC has 47,000 shares outstanding. If today's closing price was $5.00 per share, what is the company's

market capitalization?

a)

$225,000

b)

$235,000

c)

$245,000

d)

$255,000

26.

A certain company makes fake grass. It is currently selling 45,000 shares for $11.56 per share on the stock market. What is this company's market capitalization?

a)

$520,200

b)

$920,200

c)

$320,000

d)

$630,100

27.

A furniture company is selling its 130,000 shares for $4.50 per share. What is this company's market capitalization?

a)

$515,000

b)

$630,000

c)

$585,000

d)

$475,000

28.

A certain company makes fake grass. It is currently selling 45,000 shares for $11.56 per share on the stock market. What is this company's market capitalization?

a)

$520,200

b)

$920,200

c)

$320,000

d)

$630,100

29.
a)

85 cents

b)

90 cents

c)

95 cents

30.
a)

80 cents

b)

84 cents

c)

88 cents

31.
a)

61 cents

b)

60 cents

c)

70 cents

32.
a)

81 cents

b)

82 cents

c)

83 cents

33.
a)

27 cents

b)

7 cents

c)

12 cents

34.
What is the name of this coin?
a)
Quarter
b)
Dime
c)
Nickel
d)
Penny
35.
What is the name of this coin?
a)
Dime
b)
Quarter
c)
Penny
d)
Nickel
36.
What is the name of this coin?
a)
Penny
b)
Nickel
c)
Dime
d)
Quarter
37.
What is the name of this coin?
a)
Nickel
b)
Penny
c)
Quarter
d)
Dime
38.
What is the value of quarter?
a)
25 cents 
b)
10 cents
c)
5 cents
d)
1 cents
39.
What is the value of a penny?
a)
5 cents
b)
10 cents
c)
25 cents
d)
1 cents
40.
What is the value of a nickel?
a)
5 cents
b)
30 cents
c)
10 cents
d)
25 cents
41.

What is the total value of the given coins?

a)

20¢

b)

29¢

c)

39¢

42.

How many dimes are needed to equal the value of 30¢?

4 lines
43.

What is the value of 5 pennies?

a)

25¢

b)

10¢

c)

44.

How much money would I have if I had two dimes and one penny?

a)

21¢

b)

27¢

c)

30¢

45.

What is the total value of the given coins?

a)

45¢

b)

50¢

c)

55¢

46.

Which combination of coins equal to 12¢?

a)

Two dimes, two pennies

b)

Two nickels, five pennies

c)

One dime, two pennies

47.

How much money would I have if I had three quarters?

a)

75¢

b)

65¢

c)

50¢

48.

What is the total value of the given coins?

a)

42¢

b)

44¢

49.

True or false: Four quarters equals 95¢

a)

True

b)

False

50.

How many nickels equals 20¢?

a)

3 nickels

b)

4 nickels

c)

5 nickels

51.

Match the following pictures with its value.

a)
1.

25¢

b)
2.

10¢

c)
3.

5¢

d)
4.

1¢

e)
5.

cents

52.

50 dollars and 5 cents can be written as $50.50.

a)

TRUE

b)

FALSE

53.

In $12.20, there are 12 dollars and 2 cents.

a)

TRUE

b)

FALSE

54.

In $7.25, there are 7 dollars and 25 cents.

a)

TRUE

b)

FALSE

55.

a sum of money that is expected to be paid back with interest

a)

investment

b)

Royalty

c)

loan

d)

capital

56.

Jason got fast food for lunch. Jason spent $4.84 on a sandwich and $4.04 on a hotdog. What was the total of the lunch bill?

(a)  

57.

Tim joined his school's band. He bought a viola for $109.48, and a song book which was $6. How much did Tim spend at the music store?

(a)  

58.

Fred bought some toys. He bought a skateboard for $7.78, and spent $11.05 on a football. In total, how much did Fred spend on toys?

(a)  

59.

Jessica went to the mall on Saturday to buy clothes. She spent $12.32 on a jacket and $7.77 on a shirt. In total, how much money did Jessica spend on clothing?

(a)  

60.

Sally spent $5.40 on a dog toy, and a cage cost her $11.16. What was the total cost of Sally's purchases?

(a)  

61.

Sally went to the mall on Saturday to buy clothes. She paid $9.18 with a $20 bill. How much money did Sally get in change?

(a)  

62.

Sara loves eating fruits. Sara paid $13.97 for peaches and paid with a $20 bill. How much change did Sara receive?

(a)  

63.

John loves eating pizza. John paid $15.00 for 2 pepperoni pizzas with a $20 bill. How much change did John get back?

(a)  

64.

Dan paid $2.48 for a sandwich with a $10 bill. What was the change from the purchase?

(a)  

65.

Sam paid $8.06 on a toy, and paid with a $10 bill. How much change did Sam receive?

(a)  

66.

For her party, Mary paid $10.50 on cupcakes and paid with a $20 bill. How much did Mary get back change?

(a)  

67.

Allisson went to the store and bought a bookmark for .99 and a book for $13.50. How much did she spend at the store?

(a)  

68.

John went to the store and bought a sub for $6.33 and a soda for $1.29. How much money did he spend at the store?

(a)  

69.

Shelby purchased a bouquet of flowers for $29.99 and paid with a $50 bill. How much change did he get back?

(a)  

70.

George went to the store and bought a book for .52 cents, some pens for .15 cents and a pencil for .10 cents How much money did he spend?

(a)  

71.

Joshua went to the bakery. He bought a cookie for .26 cents, a cake pop for .30 cents, and a cupcake for .30 cents. How much did he spend at the store?

(a)  

72.

Marco purchased a burger and fries combo for $7.99. He paid with a $10 bill. How much change did he receive?

(a)  

73.

Madison bought a scarf for $9.99 and paid with a $20 bill. How much change did he receive.

(a)  

74.

Jarrien has $15.00 and Geonta has $19.00. How much money do they have together?

(a)  

75.

Denira has $50.00. Lizzie has $38.00. How much more money does Denira have than Lizzie?

(a)