G8-MATH-L8 Comparing Quantities

What is the ratio of oranges to apples in a basket containing 20 apples and 5 oranges?

• 1:4
• 5:20
• 4:1
• 1:5

If the marked price of an item is $100 and the sale price is $80, what is the discount?

• $20
• $15
• $25
• $30

Which of the following is a correct formula for calculating Compound Interest?

• CI = P(1 + r/n)^(nt)
• CI = P + r*t
• CI = P*r*t
• CI = P*r

If a bank offers a fixed deposit at an interest rate of 9% per annum, what does this mean?

• You will lose money
• You will earn 9% of your deposit each year
• You will earn 9% of your deposit every month
• You will earn 9% of your deposit every two years

What is the first step in calculating Compound Interest?

• Determine the principal amount
• Calculate the total interest
• Find the rate of interest
• Decide the time period

If the population of a town increases by 5% each year, which concept is being applied?

• Simple Interest
• Compound Interest
• Discount
• Ratio

If an item’s price increases by 10% each year, what type of calculation would you use to find its future price?

• Simple Interest
• Discount
• Compound Interest
• Ratio

What is the formula to find the discount on an item?

• Discount = Sale Price - Marked Price
• Discount = Marked Price - Sale Price
• Discount = Sale Price + Marked Price
• Discount = Marked Price / Sale Price

If a product is marked at $200 and is sold for $150, what is the percentage discount?

• 25%
• 20%
• 30%
• 15%

In the context of Compound Interest, what does 'P' stand for?

• Profit
• Principal
• Percentage
• Payment