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- 1. Multiple Choiceincrease $800 by 10%$808$880880$80
- 2. Multiple Choice
A $900 laptop is discounted by 5%. What is the sale price of the laptop?
$45
$855
$904.50
$945
- 3. Multiple Choice
If a tennis racquet costs $550 and Chris makes a $90 deposit. How much does Chris still owe on the tennis racquet?
$450
$460
$640
$90
- 4. Multiple Choice
You earn a salary of $48000. Find your weekly income.
$48000 divided by 52. =
$48000 divided by 12
$48000 divided by 7
$48000 divided by 26
- 5. Multiple Choice
Hourly rate of $60. How much do you earn in a week where you work for 30 hours at time and a half ?
60 divided by 30 X 1.5
60 X 30
60 X 1.5
60 X 30. X 1.5. =.
- 6. Multiple Choice
Commission is
when you get an overtime rate
A percentage of what you sell
extra loading you get when you go on holidays
a police investigation
- 7. Multiple Choice
Time and a half is
Overtime where you are paid one and half times your normal pay
Double time
a half of your normal pay
when the clock strikes 1.30pm
- 8. Multiple ChoicePrincipal = $500
Interest rate =5%
Time = 5 years
What is the interest earned?95105125135 - 9. Multiple ChoiceDan borrowed $2,000 for 6 months at 12% annual simple interest rate. How much interest is that?$120$144$1,200$1,440
- 10. Multiple ChoiceJenna borrowed $5,000 for 3 years and had to pay $1,350 simple interest at the end of that time. What rate of interest did she pay?6%6%8%9%
- 11. Multiple ChoiceThe simple interest formula is I=Prt. What does the t represent?PrincipleInterestTime, in hoursTime, in years
- 12. Multiple ChoiceWrite the decimal as a percent.
0.3737%3.7%.37% - 13. Multiple ChoiceWhat does the "r" in the interest formula stand for?PrincipalInterestratetime
- 14. Multiple ChoiceYour 3 year investment of $20,000 received 5.2% interest compounded annually. What is your total return?$23,285.05$3,285.05$2,385$32,285
- 15. Multiple Choice
You take out a loan for $175,000. Which option will cost you less?
A) Simple Interest rate of 4.17% over 15 years
B) Compound Interest rate of 3.5% over 15 years
Option A
Option B
they are both equal
- 16. Multiple ChoiceWhat is the percentage profit if Tony buys a watch for $50 and sells it for $60?20%25%16.6%16.7%
- 17. Multiple ChoiceIf James sells his car for $1,000 and bought it for $2500. What is the percentage loss made on the car.15%10%60%150%
- Answer choicesTagsAnswer choicesTags