Simple Interest
What does "I" stand for in the interest formula?
Interest
Write 16% as a decimal
.16
10% of 100
10
What is 10% discount of $256?
$25.60
What does the "r" stand for in the I = Prt formula?
rate
What does "P" stand for in the Interest Formula
"P"
27% as a decimal
.27
26% of 200
52
What is the selling price after a mark-up of 20% of an original amount of $50?
$60
1/2 is that same as what percent?
50%
P = 10 r = 5% t = 2
1
8% as a decimal
.08
54% of 300
162
What is $125 as a percentage of $100?
125%
7 x 8 = ?
56
Find the interest
P = 125 r = 14% t = 3
52.5
891% as a decimal
8.91
25% of 280
70
What is the percentage profit/loss for
Original amount: $200, Selling price: $250
25% profit
a negative number times a negative number gives you a....
positive number
Find the interest
P = 1400 r = 26% t = 4
1456
0.9% as a decimal
.009
75% of 360
$270
What is the percentage profit/loss for
Original amount: $200, Selling price: $150
25% loss
What does BIMDAS stands for?
Order of operation
B=Brackets first
I=Indices
M/D= Multiplication or division from left to right whatever come first
A/S=Addition/Subtraction from left to right whatever come first