Module 1 Topic 3 Practice Test

Front

Convert the percent into decimal: 2%

Back

0.02

Front

A company spends 13% of its monthly budget on rent, which totals $2600. Which proportion can be used to calculate the company’s total monthly budget?

Back

Front

Convert the percent into decimal: 3/4 %

Back

0.0075

Front

Simple Interest Formula: I = P × r × t

Back

Where I = Interest, P = Principal, r = Rate (as a decimal), t = Time (in years).

Front

Calculate the simple interest earned on $900 at 5% for 3 years.

Back

$135.00

Front

Estimate a 20% tip on a restaurant bill of $72.34.

Back

$14.40

Front

What is the decimal equivalent of 25%?

Back

0.25

Front

How do you convert a fraction to a percent?

Back

Multiply the fraction by 100 and add a percent sign.

Front

What is the formula for calculating percent?

Back

Percent = (Part/Whole) × 100

Front

If a company has a budget of $2000, how much is 10% of that budget?

Back

$200.00