Vocabulary
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Mark Up/Mark Down
Simple Interest
100

The ______ is the decrease from the original price of an item to its sales price

mark down
100

What is 35% of $67

$23.45

100

24.94 IS 29% of what number?

86

100

There are 45 students who play woodwind instruments in school band. Of these, 18 play the saxaphone. What percent of these students play the saxophone?

40%

100

Edward deposited $6,000 into a savings account 4 years ago, the simple interest is 3%. How much money did Edward earn in interest?

$720

200

The initial amount of money that is deposited/borrowed/loaned is called the

principal
200

What is .08% of 1046

8.368

200

$6.50 IS 25% of what number?

$26.00

200

In 2014, the attendance at Jefferson School's Fall Festival was 650. In 2015, the attendance was 575. About what was the percent change from 2014 to 2015?

Was in an INCREASE or a DECREASE?

About 12% decrease

200

 A new bank customer with $3000 wants to open a money market account. The bank is offering a simple interest rate of 1.1% 

What is the interest after 20 years?  

$660

300

The ____ is the increase from an original price to a new price

Mark up

300

What is 160% of 98

156.8

300

Liam puts $40 in savings in March an 175% of this amount in savings in April. How much money did Liam put into savings in April?

$70

300

Melissa estimates that she would read 250 pages last week, she read 290 pages. What is the percent error of Melissa estimates? Round to the nearest WHOLE percent?

About 14%

300

Elly borrows $400 with an interest rate of 1.5%. How much will Elly have to pay BACK (in total) after 4 years?

$424

400

The ______ described how much a quantity has changed relative to its original amount

Percent change

400

What is 175% of 96

168

400

On Thursday, a restaurant serves iced tea to 35 of its 140 costumers. What percent of the costumers ordered iced tea?

25%

400

Hank buys a used car for $7,200 and plans to sell it on his used car lot. What is the price of the car after a mark up of  15%

$8,280

400

Jason took out a $500 loan from the bank. At the end of 6 years, he pays back the principal, plus $90 simple interest. What was the annual interest rate

3%

500

The accuracy of a measured or estimated value compared to its actual value is described as....

Percent error

500

A company charges a shipping fee of 4.5% of the purchase price for all items it ships. What is the fee to ship an item that costs $56

$2.52

500

Sharon paid $78 sales tax on a new camera. If the sales tax rate was 6.5% what was the cost of the camera?

$1,200

500

Nya wants to buy a sweater that had an original price of $55. The sweater is now discounted 20% and the sales tax rate 5.5%. How much will Nya pay for the sweater?

$46.27

500
Dakota earned $15.75 in interest in Account A and $28.00 in interest in Account B in 21 months. If the simple interest rate is 3% for Account A and 4% for Account B, which account had the greater principal?

Account B had a principal of $400 

Account A had a principal of $300

ACCOUNT B