Professional Documents
Culture Documents
I. Read the following questions and write the letter of the correct answer. Write your answer
before the number.
______1. It is the increase in the amount or value of a quantity with respect to the original amount
or value.
A. % of change B. % of increase C. % of decrease D. interest
______2. It is the decrease in the amount or value of a quantity with respect to the original amount
or value.
A. % of change B. % of increase C. % of decrease D. interest
______7. It is the percentage in the form of money a person receives for selling something.
A. interest B. sales tax C. commission D. discount
______8. It is the total amount of sales made during the period covered by the sales representative.
A. new amount B. original amount C. interest D. total sales
______9. It is an amount of money earned for borrowing or depositing or investing money over a
period of time.
A. new amount B. original amount C. interest D. discount
II. Solve the following problems. Determine the given, what is asked, give the formula,
substitute the formula by the given and solve to give the answer. Pls. use a scratch paper
for your computation.
Good Luck!
(use this space including the back portion for your answer)