Why is percent considered one of the most used topics in mathematics?

Percent Applications in Finance and Measurement

Interactive Video
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Mathematics
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7th - 8th Grade
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Hard

Thomas White
FREE Resource
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It is only relevant for financial calculations.
It is applicable in various real-world scenarios.
It is only used in academic settings.
It is a complex mathematical concept.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is percent error?
The exact measurement of an object.
The percent a measurement is off from the real value.
The total value of an object.
The difference between two measurements.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why can't we determine how bad a measurement is without knowing the actual value?
Because the actual value is irrelevant.
Because the error depends on the actual value.
Because measurements are always accurate.
Because the ruler is always correct.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How do you calculate percent error?
Divide the error by the measured value.
Divide the error by the actual value.
Subtract the error from the actual value.
Multiply the error by the actual value.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a fee in the context of percent applications?
A tax on goods.
A discount on a purchase.
A percentage of a total amount paid for a service.
A fixed amount paid for a service.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is interest on a loan calculated?
By multiplying the loan amount by the interest rate.
By adding the loan amount to the interest rate.
By subtracting the interest rate from the loan amount.
By dividing the loan amount by the interest rate.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a commission?
A percentage of the sales price given to the seller.
A fixed salary for selling goods.
A bonus for meeting sales targets.
A penalty for not selling enough.
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