Topic 3 Review

Fill in the blank:

______________________ is the accuracy of a measured or estimated value compared to an actual or accepted value.

• markup

• percent error

• markdown

• simple interest

Fill in the blank:

The amount of decrease from the original price to the sale price is called the _________________.

• markdown

• markup

• percent change

• percent error

Fill in the blank:

___________________________ is the interest paid only on an original deposit.

• markup

• markdown

• percent change

• simple interest

Fill in the blank:

________________________ is how much a quantity has changed from its original amount.

• percent change

• markup

• simple interest

• markdown

Fill in the blank:

The amount of increase from the original cost of an item to its selling price is called the _________________.

• markdown

• markup

• percent change

• percent error

Michael and Imani go out to eat for lunch. If their food and beverages cost $25.30 and there is an 8% meal tax, how much is their bill, including the tax?

• $27.32

• $25.38

• $45.54

• $2.02

A department store sells a pair of shoes with an 87% markup. If the store bought the pair of shoes for $55.25, what is the selling price to the nearest dollar?

• $87

• $103

• $142

• $187

Ethan buys a video game on sale. If the video game usually costs $39.99, and it was on sale for 20% off, how much did Ethan pay?

• $7.99

• $14.99

• $31.99

• $39.74

Jackson hikes 220.2 meters up a mountain. If he is 60% of the way up, how tall is the mountain?

• 132.12 meters

• 280.2 meters

• 367 meters

• 13,200 meters

If the original quantity is 15 and the new quantity is 19, which is the best estimate for the percent change?

• 25% decrease

• 5% decrease

• 5% increase

• 25% increase