Multiple Choice Identify the
choice that best completes the statement or answers the question.


1.

A bike with an original price of $90 is discounted 40%. What is the sale
price?


2.

A gold chain with an original price of $120 is on sale for $96. What is the
percent of the discount?


3.

A remote control airplane with an original price of $85 is on sale for $76.50.
What is the percent of the discount?



Find the annual interest rate.


4.

I = $40, P = $500, t = 16 months



Find the amount of time.


5.

I = $10, P = $100, r = 2%
a.  3 years  c.  5 years  b.  0.1 year  d.  4 years 


6.

A savings account earns 4% annual simple interest. The principal is $1100. What
is the balance after 5 years?
a.  $23,100  c.  $1320  b.  $220  d.  $22,000 

Numeric Response


1.

A dog shelter had 20 puppies last month. This month, 31 puppies are at the
shelter. What is the percent of change?


2.

A pair of boots with an original price of $34.70 is discounted 10%. What is the
sale price?


3.

A television with an original price of $120 is on sale for $90. What is the
percent of the discount?


4.

After 4 years at 3% simple interest per year, your savings account earns $90.00.
What is the principal?


5.

A principal of $19,500 is invested at 6% annual simple interest for 9 years. How
much interest is earned?

Short Answer



Identify the percent of change as an increase or decrease. Then
find the percent of change. Round to the nearest tenth of a percent, if necessary.


1.

15 grams to 30 grams


2.

50 feet to 9 feet
