Percent of Change
New Amount
Shopping
Simple Interest
100
Original: 70 New: 100
43% Increase
100
A 45% increase of $560
$812
100
Original Price: $37.99 Discount: 20% Find the Price you will pay
$30.39
100
What is the formula for Simple Interest. Describe what each variable represents.
I=Prt I= Simple Interest P= Principal (Starting Amount) r= Rate (as a decimal) t= Time (in years)
200
Original: 68 New: 42
62% Decrease
200
A 32% decrease of 50 students.
34 students
200
Whole Sale Price: $18 Mark Up: 450%
$99
200
A bank gives you a simple interest loan at a rate of 4.5%. After 5 years you have paid the entire principal plus $56 in interest. What was the original amount of your loan?
$248.89
300
Danny made $43,500 in 2014. In 2015, he is suppose to make $45,000. What was his percent of increase?
3% Increase
300
Phil's camera can hold 1500 pictures on it. Currently, he has 700 pictures. If he plans to increase the amount of pictures by 115% will his camera have enough space. Why or why not?
No, he will have 5 photos too many.
300
Meal: $46.87 Tax: 7.5% Tip: 18% How much are you leaving for a tip? What is the total price?
Tip: $3.52 Total:$58.82
300
Jim deposited $4500 into an 18 month certificate of deposit. After the 18 months, the balance is $4725. Fine the simple annual interest rate.
About 3%
400
Mr. Doyle received a 4% increase in his salary from 2012-2013. Then he received a 3% increase from 2013-2014. What was the percent of change from 2012-2014? (Use a number to find out)
About a 9% Increase.
400
n + 0.45n is the same as what?
1.45n
400
A pair of shoes retail price was $120. The store put them on sale for 20% off... 3 weeks later the shoes were still there so the store decided to discount them by another 10%. What is the current sale price now.
$86.40
400
Lisa borrows $15,000 for a used car. The bank gave her a simple annual interest rate of 2.5% for 6 years. How much will Lisa end up paying for the car once it is paid off?
$17,250
500
Ryan bought a pair of Bears tickets for $185. Since they stink he decided to sell the tickets. He wants to make some money so he tries selling them for $250. By what percent did Ryan markup the price?
35% Mark-Up
500
What is the Equation for finding New Amount
Original x (100% + or - %) = New Amount
500
You went to Best Buy. The price you paid for a new 60 inch plasma TV including sales tax was $3,246. The sales tax was 7%. Best Buy marked up the TV by 400% from the wholesale price. What was wholesale price?
Around $606.73
500
Mr. Gabel wants to buy a new house. He needs to save up $12000 for a down payment. Mr. Gabel currently has $9000 in his savings account that earns 4.5% simple interest. How long must he keep his money in the bank in order to have enough for the down payment? Round to nearest month.
About 7.5 years or 90 months.
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