Mixed Review
Percents,
Markups, Markdowns
Simple Interest
Tax, Tip, Fees, Commissions
Word Problems
100

Use the number line.

What number is 3 units to the right of 2 on the number line?

5

100

Convert 1/2 to a decimal and percent

0.5 

50%

100

an amount of money that is deposited or borrowed and  that earns or is charged interest

Principal

100

Find the commission based on total sales of $98,000 and a commission of  1.5%.

$1470

100

All sweaters at a store are on sale at a 20% discount. What would be the sale price of a sweater regularly priced $40?

$32

200

(3 x 4) - 10 / 2 + 25

32

200

 $3.00 marked up 75%

$5.25

200

What is the equation (formula) we use to determine simple interest?

I=PRT

200

A ticket company charges a service fee of 15% of the ticket price for each ticket to a concert. If the ticket is $29, how much is the added fee?

$4.35

200

Amy and two of her friends eat lunch at a restaurant. Their bill comes to $27.50. They decide to split the bill equally and leave a 20% tip for the waitress. What is the total they have to pay with tip?

$33

300

an amount of money given as a "thank you" to someone who has performed a service

gratuity (tip)

300

There is no sales tax declared this week and sales tax in the city is usually 8.5%.  If the retail price of a pair of shoes is $75, how much will I pay this week?

$75

300

Delilah deposits $8,200 in an account that pays 4.2% simple interest. How much interest will she earn if nothing changes in her account for 8 years?

$2755.20

300

Monty takes a cab to work and pays a fare of $12.50. He tips the driver 20% and the tax rate is 8%. How much does he spend on the trip?

$16

300

The owner of an art supply store buys tubes of magenta oil paint for $10 and marks up the cost by 80% to determine the retail price.  What prices does he charge his customers for the paint?

$18

400

Two years ago, a car was valued at $24,000. This year, the value of the car  is $21,250. What was the percent decrease in the value of the car? (Round to the nearest tenth.)

11.5%

400

The store first started selling speakers for $49. They have now been marked down as shown. What is the sale price of the speaker?

$12.25

400

Edgar takes out a loan of $5,540, to be repaid after 7 years at 8.5% simple  interest. How much interest will Edgar have to pay on the loan?

$3,296.30

400

Phillip wants to buy a baseball cap but he only has $20. Sales tax in his city is 8%.  Can he buy a $15 hat? How much will it cost including tax?

Yes 

$16.20

400

Delilah deposits $8,000 in an account that pays 4.2% simple interest. How much money will be in her account after 8 years?

$10,688

500

How do we know if a graph is displaying a proportional relationship?

It goes through the origin.  (0,0)

500

This year, 19,150 people attended a basketball team’s first game, and 17,150 people attended its second game. What is the percent decrease from the first game to the second game in the number of people who attended?

approximately 10%

500

Gregoria borrowed $2,400, to be paid back at 3.5% annual simple interest.  She repays $3,500. How many years was the loan period?

13 years

500

Ms.Rivera deposits $1500 in an account that earns simple interest at an annual rate of 2.75%. What amount will be in Ms.Rivera's account after 15 years?

$2,118.75

500

The tubes of paint at the art store do not sell well for $18, so the owner marks down the retail price by 25%. To the nearest cent, what is the marked-down price of a tube of magenta oil paint?

$13.50