Deck 7: Applications of Percent

Question 1

Estimate the discount for an item marked 20% off with an original price of $1,252.95.

A) $65
B) $1,000
C) $250
D) $650
E) $25

Answer 1

C

Question 2

Find the complement of .

A)
B)
C)
D)
E)

Answer 2

E

Question 3

Find the sales tax for the item using a sales tax rate of 5%. Stereo, $469.95

A)
B)
C)
D)
E)

Answer 3

E

Question 4

In a 15% OFF sale, an item has an original price of $419.85. Estimate the sale price.

A) $70
B) $525
C) $350
D) $100
E) $35

Question 5

Find the sales tax for the item using a sales tax rate of 5%. Purse, $51.99

A)
B)
C)
D)
E)

Question 6

Find the discount if the original price is $8.05 and the percent markdown is 10%. Answers are rounded to the nearest cent.

A) $1.95
B) $0.08
C) $8.05
D) $7.25
E) $0.81

Question 7

Find the sale price of a belt that is on sale for OFF if the original price is $9.10.

A)
B)
C)
D)
E)

Question 8

Find the complement of the number .

A)
B)
C)
D)
E)

Question 9

The sale price of a skirt is $55, which is 30% OFF the regular price. Select the best estimate of the regular price.

A) $80.00
B) $120.00
C) $25.00
D) $165.00
E) $16.00

Question 10

Find the complement of .

A)
B)
C)
D)
E)

Question 11

Find the sales tax for a $55 dress if the state sales tax rate is .

A) $58.71
B) $37.13
C) $8.15
D) $3.71
E) $51.29

Question 12

Find the sales tax for $230 skis if the state sales tax rate is 4%.

A) $9.20
B) $239.20
C) $57.50
D) $220.80
E) $92.00

Question 13

Find the discount if the original price is $330 and the percent markdown is 55%.

A) $27.50
B) $275.00
C) $148.50
D) $1,815.00
E) $181.50

Question 14

Find the sales tax for the item using a sales tax rate of 5%. Table saw, $147.95

A)
B)
C)
D)
E)

Question 15

Find the total amount, including tax, for an item with a price of $21.86 and a tax rate of .

A)
B)
C)
D)
E)

Question 16

Find the discount if the original price is $390 and the percent markdown is 5%.

A) $370.50
B) $385
C) $1.95
D) $195
E) $19.50

Question 17

Find the sales tax for a $25,150 automobile if the state sales tax rate is .

A) $1,697.63
B) $23,452.38
C) $26,847.63
D) $16,976.25
E) $1,949.13

Question 18

Find the total amount, including tax, for an item with a price of $4,379.00 and a tax rate of .

A)
B)
C)
D)
E)

Question 19

Find the sale price of a pair of skis that are on sale for OFF if the original price is .

A)
B)
C)
D)
E)

Question 20

Find the total amount, including tax, for an item with a price of $13.50 and a tax rate of 4%.

A)
B)
C)
D)
E)

Question 21

Find the sales tax for the item using a sales tax rate of 5%. Round your answer to the nearest cent.
Purse, $59.99
$__________

Question 22

Find the sales tax for the item using a sales tax rate of 6%. Round your answer to the nearest cent.
Set of pots and pans, $151.95
$__________

Question 23

Find the discount if the original price is $8.25 and the percent markdown is 10%.
Round your answer to the nearest cent.
$__________

Question 24

Find the total amount, including tax, for an item with a price of $26.86 and a tax rate of . Round your answer to the nearest cent. $__________

Question 25

Find the sales tax for $85 coat if the state sales tax rate is 4.5%. Round your answer to the nearest cent.
$__________

Question 26

Find the sales tax for a $27,150 boat if the state sales tax rate is 4.25%. Round your answer to the nearest cent.
$__________

Question 27

Find the sales tax for the item using a sales tax rate of 6%. Round your answer to the nearest cent.
Stereo, $461.95
$__________

Question 28

Find the total amount, including tax, for an item with a price of $10.50 and a tax rate of 5%. Round your answer to the nearest cent.
$__________

Question 29

Find the total amount, including tax, for an item with a price of $4,333.00 and a tax rate of . Round your answer to the nearest cent. $__________

Question 30

Find the sale price of a belt that is on sale for OFF if the original price is $9.10. Round your answer to the nearest cent. $__________

Question 31

The sale price of a skirt is $25, which is 30% OFF the regular price. Select the best estimate of the regular price.
7, 35, 75, or 10.
$__________

Question 32

Find the complement of . __________%

Question 33

If a swimming pool is marked down to $625 from $1,050, what is the percent markdown (to the nearest tenth of a percent)?

A) 40.5%
B) 62.5%
C) 54%
D) 59.5%
E) 10.5%

Question 34

Find the sale price of a pair of skis that are on sale for OFF if the original price is $450. $__________

Question 35

Estimate the discount for an item marked 20% off with an original price of $2,755.95. Select the best answer:
55, 550, 850, or 85.
$__________

Question 36

Find the discount if the original price is $250 and the percent markdown is 45%.
$__________

Question 37

Find the discount if the original price is $530 and the percent markdown is 5%.
$__________

Question 38

In a 15% OFF sale, an item has an original price of $299.85. Estimate the sale price. Select the best answer:
100, 50, 250, or 25.
$__________

Question 39

Find the complement of .

Question 40

Find the sales tax for $260 skis if the state sales tax rate is 6%. Round your answer to the nearest cent.
$__________

Question 41

Fill in the table. Assume ordinary interest; that is, use 360 for the number of days in a year.

A)
B)
C)
D)
E)

Question 42

Find the complement of the number .

Question 43

Theron wants to save $5,000. If he has $4,000 and invests it at 5% simple interest, how long will it take him to obtain $5,000?

A) days
B) days
C) years
D) years
E) years

Question 44

Use estimation to select the best response. If you deposit $200 in a bank account for two years, the amount of interest is likely to be $__________.

A)
B)
C)
D)
E)

Question 45

Use estimation to select the best response. If and , , and , estimate .

A)
B)
C)
D)
E)

Question 46

If a swimming pool is marked down to $655 from $970, what is the percent markdown to the nearest tenth of a percent?
__________%

Question 47

Suppose you see a car advertised with a price of $32,120 and payments of $627.35 per month for 5 years. What is the total amount of interest paid?

A) $
B) $
C) $
D) $
E) $

Question 48

Find the complement of the number .

Question 49

Fill in the table, assuming simple interest.

A) 8%; $6480
B) 8%; $5520
C) 0.08%; $5520
D) 12 %; $6480
E) 0.08%; $6480

Question 50

Use estimation to select the best response. If and , , and , estimate .

A)
B)
C)
D)
E)

Question 51

Find the missing values, assuming simple interest.

A)
B)
C)
D)
E)

Question 52

Use estimation to select the best response. If a loan is held for 540 days, then t is about __________.

A)
B) 1
C)
D)
E)

Question 53

Find the missing values, assuming simple interest.

A)
B)
C)
D)
E)

Question 54

Fill in the table, assuming simple interest.

A)
B)
C)
D)
E)

Question 55

Fill in the table, assuming simple interest.

A) ;
B) ;
C) ;
D) ;
E) ;

Question 56

Use estimation to select the best response. If you deposit $50 in a bank account for a year, the future value is likely to be $__________.

A)
B)
C)
D)
E)

Question 57

Fill in the table, assuming simple interest.

A)
B)
C)
D)
E)

Question 58

Fill in the table, assuming simple interest.

A) ;
B) ;
C) ;
D) ;
E) ;

Question 59

Find the missing values, assuming simple interest.

A)
B)
C)
D)
E)

Question 60

Find the missing values, assuming simple interest.

A)
B)
C)
D)
E)

Question 61

What is the future value of $810 invested at 6% simple interest for 83 days? Assume ordinary interest; that is, use 360 for the number of days in a year.

A)
B)
C)
D)
E)

Question 62

Fill in the table, assuming simple interest.

Question 63

Use estimation to select the best response.
If you deposit $100 in a bank account for a year, the future value is likely to be:
Choose 105.00, 5.00, or 1.00.
$ __________

Question 64

Use estimation to select the best response. If and , , and , estimate . Choose 500, 8,000, 100,000, or 200,000. $ __________

Question 65

Theron wants to save $6,750. If he has $5,000 and invests it at 5% simple interest, how long will it take him to obtain $6,750?
Round your answer to the nearest year.
__________ years

Question 66

Use estimation to select the best response.
If you deposit $150 in a bank account for a year, the amount of interest is likely to be:
Choose 107.50, 7.50, or 0.01.
$ __________

Question 67

Suppose you see a car advertised with a price of $32,110 and payments of $622.35 per month for 5 years. What is the total amount of interest paid?
Round your answer to the nearest dollar.
$ __________

Question 68

Use estimation to select the best response. If and , , and , estimate . Choose 700, 7,000, 70, or 70,000. $ __________

Question 69

If Cole wants to retire with income of $1,000 per month, how much principal is necessary to generate this amount of monthly interest income if the interest rate is 8%?
$ __________

Question 70

Fill in the table, assuming simple interest.

Question 71

Fill in the table, assuming simple interest.

Question 72

Fill in the table, assuming simple interest.

Question 73

Fill in the table, assuming simple interest.

Question 74

Fill in the table, assuming simple interest.

Question 75

Fill in the table, assuming simple interest.

Question 76

Cole needs $378,000 in his retirement account to generate a retirement income of $1,890 per month when he retires in 35 years. He has $35,000 to invest today. What simple interest rate does he need to achieve his target of $378,000?

A)
B)
C)
D)
E)

Question 77

Fill in the table, assuming simple interest.

Question 78

If Cole wants to retire with income of $2,000 per month, how much principal is necessary to generate this amount of monthly interest income if the interest rate is 6%?

A)
B)
C)
D)
E)

Question 79

What is the future value of $840 invested at 6% simple interest for 95 days?
Assume ordinary interest; that is, use 360 for the number of days in a year.
Round your answer to the nearest cent.
$ __________

Question 80

Cole needs $470,000 in his retirement account to generate a retirement income of $2,350 per month when he retires in 30 years. He has $50,000 to invest today. What simple interest rate does he need to achieve his target of $470,000?
Round your answer to the nearest whole percent.
__________ %