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Percent Application Review Answer Key

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Percent of Increase or Decrease
#1 Find the percent of increase or decrease from 20 to 24. 20% increase
#2 Find the percent of increase or decrease from 40 to 55, 38% increase
#3 Find the percent of increse or decrease from 0.84 to 0.67 80% decrease
#4 Maria purchased a CD burner for $199. Later is was on sale for $119. What is the percent of change 40% discount
#5 After Mt. St. Helen's eruptued it decreased by about 13.6%. Its original elevation was 9677. What is its elevation now? About 8361 Feet
Commission
#1 Find a 10% commission on $500 $50
#2 What is the commission for a sale of $65,000 at a rate of 12% $7800
#3 A furniture sales person earned $960 in commission. If his rate is 12%, how much did he sell? $8000
#4 A salesperson sold $97,500 last month and earned 3% commission. What was he pay? $2925
#5 An agent is paid a monthly salary of $900 plus commission. He sold a house for $65,000 and earned 4% commission. What is his total pay for the month? $3500
Taxes
#1 Find a 7% tax on $24.00 purchase $1.68
#2 Sales tax is 5.75%. Find the amount of tax on a $20.00 shirt $1.15
#3 Jan earns $435 of which $78.30 is withheld for taxes. What percent of her earnings is withheld? 18%
#4 Harry bought a radio for $59.99 and a CD for $13.99. If the sales tax rate is 7%, how much was his total bill? $79.16
#5 Sales tax rate is 5.75%. Hannah buys a 4 chairs for $124.99 and an area rug for $659.99. What is the amount of tax she must pay? $66.70
Simple Interst
#1 Find the amount of interest for $300 at 6% for 1 year $18
#2 Find the amount of interest for $225 at 5% for 3 years $33.75
#3 Find the amount of interest for $4250 at 7% for 1.5 years $446.25
#4 Find the total amount due for a loan of $700 at 6.25% for 2 years. $787.50
#5 Find the total amount due for a loan of $500 at 9% for 3 months $511.25
Percent Problems
#1 Find 10% of 450 45
#2 What number is 15% of $80? $12
#3 14 is 28% of what number? 50
#4 Find 0.1% of 250 0.25
#5 125% of what number is 15? 12
Final Question
You went to a restaurant and spent $45 on your meal. There is a 5% sales tax applied and you decide to leave a 20% tip. How much did you spend? $56.25