Percents and Simple Interest

26 is 5% of what number?

• 3

• 5

• 25.95

• 520

Sarah earns $20 a day working after school. She spent 30% of her daily earnings on Monday. How much money did she spend on Monday?

• $1.40

• $6

• $0.60

• $14

200 children attended the school play. Of the total attendance, 40% were boys. How many girls attended the school play?

• 800

• 180

• 80

• 120

What is 125% of 84 ?

• 105

• 188.5

• 473.4

• 356.7

Calculate the Simple Interest:

Principle : $350

Interest Rate : 2.5%

Time : 3 years

• $7.50

• $26.25

• $87.50

• $262.50

Emilio borrows $1200 from a bank with 8% simple interest per year.  How much will he have to pay back total in 2 years?

• $150

• $192

• $1350

• $1392

The simple interest formula is i = P r t

What does the t represent?

• Principle

• Interest Rate

• Number of times interest is compounded

• Number of years

The simple interest formula is i = P r t

The P represents the principle. Principle means . . .

• the amount of money borrowed or deposited

• the percent interest for this year

• the amount taxed

• the amount the bank awards you for being a customer at their bank

Daniel has dinner at a restaurant and the cost of his meal is $28.00. Because of the service, he wants to leave a 20% tip. What is his total bill including tip?

• 33.60

• 40.00

• 24.60

• 30.50

What is 40% of 230?

• 92

• 9200

• 9.20

• 575