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Name:<br />

<strong>Percents</strong><br />

Date:<br />

Math 7 – HW<br />

Formula:<br />

%( as decimal ) Whole<br />

<br />

Part<br />

Proportion:<br />

part %<br />

<br />

whole 100%<br />

change<br />

original<br />

%<br />

<br />

100%<br />

When working with real world money problems:<br />

The following are all types of “parts”; tax, tip, discount, commission, interest.<br />

To find the total cost, sale price or retail price; you must add or subtract original price with the part.<br />

Multiple Choice: *No Calculator*<br />

1) A store spends $10 for each pair of Brand X<br />

jeans and adds a 120% markup to the cost.<br />

What is the selling price of the jeans?<br />

A. $11.20<br />

B. $12.00<br />

C. $22.00<br />

D. $130.00<br />

2) The price of a book is $6.00 and the sales tax is<br />

5%. What is the total cost of the book?<br />

A. $0.30<br />

B. $5.70<br />

C. $6.05<br />

D. $6.30<br />

3) Tyler bought three shirts for $10.00 each. A<br />

5% shipping and handling fee was added to the<br />

cost of the shirts. How much did he pay?<br />

A. $10.00<br />

B. $10.50<br />

C. $30.00<br />

D. $31.50<br />

5) Which expression cannot be used to calculate<br />

the total amount paid for a meal (m) including<br />

a 15% tip?<br />

A.<br />

B.<br />

C.<br />

D.<br />

4) Kaitlin bought 4 pairs of shoes that cost $24<br />

each. If the tax rate was 8%, how much did<br />

she pay?<br />

A. $103.68<br />

B. $96.00<br />

C. $25.92<br />

D. $7.68<br />

6) Elena gets a base pay of $1,500 per month.<br />

She also earns a commission of 8% of the total<br />

sales she makes. What are Elena’s earnings for<br />

a month in which she has a sales of $32,000?<br />

A. $1,620<br />

B. $2,560<br />

C. $4,060<br />

D. $27,100<br />

7) On Thursday, 30 students went to after-school<br />

tutoring. On Friday, 6 students went. What is<br />

the percent decrease in the number of students?<br />

A. 20%<br />

B. 80%<br />

C. 400%<br />

D. 500%<br />

8) Mr. Kross usually prices the umbrellas in his<br />

store at $8 each. However, on rainy days he<br />

increases the price by 75%. How much does<br />

he charge for an umbrella on a rainy day?<br />

A. $2<br />

B. $6<br />

C. $9.38<br />

D. $14


9) Joshua borrows $300 from his older sister to buy a bike. He promises to pay the total amount back<br />

plus 5% simple interest in 2 years. How much will Joshua pay back in all?<br />

10) The Outdoor Furniture Center buys wooden benches for $50 each. The furniture store owner adds a<br />

200% markup to the cost of the bench. After hearing from customers that the selling cost of the<br />

bench is too high, the owner changes the markup to 120%. How much less per bench does the store<br />

owner make with the lower markup?<br />

11) The owner of the Outdoor Furniture Center decides to use the 120% markup. At the end of the<br />

season, he wants to sell al the benches that are in stock. He sells the benches for 20% off. What is<br />

the total price of a bench with this discount plus a 5% sales tax?<br />

12) A manufacturer predicted customers would return fewer than 2% of the computers purchased each<br />

month. In July, customers purchased 1,500 computers from the company. Of those computers, 45<br />

were returned. Based on the number of computers returned that month, what the manufactuer’s<br />

prediction correct?

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