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Basic College Mathematics 5th Edition

Martin Gay Test Bank


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MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question.

Solve.
1) A basketball player made 96 out of 100 attempted free throws. What percent of free throws was made?
A) 9.6%
B) 0.96%
24
C) %
25
D) 96%
Answer: D

2) A dart player made 75 bull's eyes out of 100 attempted throws. What percent of the throws were bull's eyes?
3
A) %
4
B) 25%
1
C) %
4
D) 75%
Answer: D

3) In a survey of 100 people, 28 preferred relish on their hot dogs. What percent preferred relish?
A) 28%
B) 0.28%
C) 2.8%
7
D) %
25
Answer: A

4) In a survey of 100 people, 23 preferred butterscotch syrup on their ice cream. What percent preferred
butterscotch syrup?
23
A) %
100
77
B) %
100
C) 77%
D) 23%
Answer: D

1
A group of 100 adults were asked what type of cake was their favorite. The circle graph shows the results.

5) What percent preferred angel food cake?


1
A) %
7
B) 7%
100
C) %
7
7
D) %
100
Answer: B

6) What type of cake was preferred by the fewest adults? What percent preferred this type of cake?
1
A) spice; %
25
B) spice; 4%
43
C) chocolate; %
100
D) chocolate; 43%
Answer: B

Write the percent as a decimal.


7) 46%
A) 46.0
B) 0.46
C) 0.046
D) 4.6
Answer: B

8) 8%
A) 0.8
B) 8
C) 80.0
D) 0.08
Answer: D

2
9) 100%
A) 0.1
B) 1
C) 100
D) 0.01
Answer: B

10) 30%
A) 30.0
B) 0.3
C) 3
D) 0.03
Answer: B

11) 997%
A) 0.997
B) 9.97
C) 997
D) 99.7
Answer: B

12) 69.8%
A) 6.98
B) 69.8
C) 0.0698
D) 0.698
Answer: D

13) 3.9%
A) 39.0
B) 0.039
C) 0.39
D) 3.9
Answer: B

2
14) 71 %
5
A) 7.14
B) 0.714
C) 0.0714
D) 71.4
Answer: B

15) 700%
A) 0.7
B) 7
C) 70
D) 700
Answer: B

3
16) 23.24%
A) 0.2324
B) 0.02324
C) 2.324
D) 23.24
Answer: A

17) Video games made up 37.2% of the total revenue for a small specialty store.
A) 0.372
B) 3.72
C) 0.0372
D) 37.2
Answer: A

18) 54% of students at a small college lived at home while attending classes.
A) 54.0
B) 0.54
C) 0.054
D) 5.4
Answer: B

19) The bar graph shows the percent of books ordered for a promotion that were sold within the promotion period.

Write the percent of Cookbook titles sold as a decimal.


A) 0.47
B) 4.7
C) 47.0
D) 0.047
Answer: A

4
Write the decimal as a percent.
20) 9.9
A) 0.99%
B) 99%
C) 990%
D) 0.0099%
Answer: C

21) 88
A) 880%
B) 8800%
C) 8.8%
D) 0.88%
Answer: B

22) 0.009
A) 0.009%
B) 0.09%
C) 0.9%
D) 9%
Answer: C

23) 0.48
A) 480%
B) 4.8%
C) 0.048%
D) 48%
Answer: D

24) 0.049
A) 4.9%
B) 0.049%
C) 49%
D) 0.49%
Answer: A

25) 0.8065
A) 0.8065%
B) 80.65%
C) 8.065%
D) 8065%
Answer: B

26) 6.00
A) 600%
B) 0.06%
C) 60%
D) 0.6%
Answer: A

5
27) 0.5
A) 0.5%
B) 500%
C) 0.05%
D) 50%
Answer: D

28) Mario saved 0.4 of what he earned over the summer.


A) 400%
B) 0.04%
C) 0.4%
D) 40%
Answer: D

29) In a large city, 0.342 of the budget went toward city workers' salaries.
A) 34.2%
B) 342%
C) 0.0342%
D) 0.342%
Answer: A

30) In an extended care facility, 0.6353 of the residents require a particular heart medication.
A) 6353%
B) 6.353%
C) 0.6353%
D) 63.53%
Answer: D

Write the percent as a fraction or mixed number in simplest form.


31) 60%
A) 6
3
B)
10
1
C) 1
5
3
D)
5
Answer: D

32) 5.5%
1
A) 5
20
55
B)
100
11
C)
200
1
D) 5
2
Answer: C

6
33) 120%
A) 12
3
B)
5
1
C) 1
5
2
D) 2
5
Answer: C

34) 18.75%
3
A)
17
3
B) 18
4
3
C)
16
3
D) 18
16
Answer: C

2
35) 15 %
3
2
A) 1566
3
47
B)
300
5
C) 7
6
2
D) 156
3
Answer: B

1
36) 28 %
8
1
A)
4
9
B)
16
9
C)
32
1
D) 14
16
Answer: C

7
37) Last year it rained 82% of the days in a small town.
1
A)
82
41
B)
50
9
C)
50
41
D)
500
Answer: B

3
38) Last week 20 % of all households watched a sporting event on television.
7
143
A)
700
3
B) 20
7
3
C)
35
23
D)
700
Answer: A

39) The sales tax is 6%.


3
A)
500
3
B)
5
3
C)
50
D) 6
Answer: C

Write the fraction or mixed number as a percent.


2
40)
3
2
A) 66 %
3
2
B) %
3
1
C) %
150
2
D) 6 %
3
Answer: A

8
3
41)
8
1
A) 38 %
2
B) 36%
1
C) 37 %
2
D) 38%
Answer: C

49
42)
100
A) 1000%
B) 4.9%
C) 24.5%
D) 49%
Answer: D

5
43)
11
6
A) 4 %
11
B) 22%
5
C) 45 %
11
1
D) 2 %
5
Answer: C

3
44)
5
2
A) 1 %
3
B) 60%
C) 6%
2
D) 16 %
3
Answer: B

9
197
45)
400
60
A) 20 %
197
6
B) 2 %
197
37
C) 4 %
40
1
D) 49 %
4
Answer: D

4
46) 3
5
A) 140%
4
B) 3 %
5
C) 38%
D) 380%
Answer: D

3
47) 5
10
A) 53%
B) 5.3%
C) 0.53%
D) 530%
Answer: D

Write the fraction as a percent. Round your answer to the nearest hundredth percent.
11
48)
12
A) 91.67%
B) 9.167%
C) 9.17%
D) 91.7%
Answer: A

13
49) A basketball player made of the free throws she attempted.
17
A) 13.08%
B) 1.31%
C) 7.65%
D) 76.47%
Answer: D

10
1
50) In a recent survey, a store found that of their customers were satisfied with the service they received from
15
the store.
A) 150%
B) 0.67%
C) 15%
D) 6.67%
Answer: D

Determine what percent of the figure is shaded.


51)

A) 40%
2
B) 66 %
3
C) 20%
D) 150%
Answer: A

52)

A) 75%
B) 25%
C) 300%
1
D) 33 %
3
Answer: A

53)

A) 37.5%
B) 30%
C) 62.5%
D) 60%
Answer: A

11
54)

A) 37.5%
B) 60%
C) 62.5%
D) 50%
Answer: C

55)

A) 60%
B) 40%
2
C) 66 %
3
D) 30%
Answer: A

56)

A) 25%
B) 10%
C) 75%
1
D) 33 %
3
Answer: A

57)

A) 60%
B) 50%
C) 37.5%
D) 62.5%
Answer: D

12
58)

A) 70%
B) 12.5%
C) 87.5%
D) 85%
Answer: C

Solve.
1
59) Write the equivalent decimal and percent for .
20
A) 5; 0.05%
B) 0.5; 0.005%
C) 0.005; 0.5%
D) 0.05; 5%
Answer: D

60) Write the equivalent decimal and fraction for 16.8%.


21
A) 0.168;
125
21
B) 1.68;
1250
17
C) 0.0168; 1
25
4
D) 16.8; 16
5
Answer: A

61) Write the equivalent fraction and percent for 0.105.


21
A) ; 10.5%
200
1
B) 10 ; 0.105%
2
1
C) 1 ; 0.0105%
20
21
D) ; 1.05%
2000
Answer: A

13
5
62) Write the equivalent decimal and percent for .
6
1
A) 0.83; 83 %
3
1
B) 0.083; 8 %
3
1
C) 0.0083; %
120
5
D) 0.0083; %
6
Answer: A

1
63) Write the equivalent decimal and fraction for 33 %.
3
1
A) 0.033;
300
1
B) 0.0033;
33
1
C) 0.33;
3
1
D) 0.33; 33
3
Answer: C

64) In a surveyed area, 95.5% of the residents signed up for the local park district pool pass. Write this percent as a
decimal.
A) 0.0955
B) 95.5
C) 0.955
D) 9.55
Answer: C

65) Approximately 13.3% of all students at a city college commute to school. Write this percent as a fraction or
mixed number in simplest form.
133
A)
1000
133
B)
10,000
33
C) 1
100
3
D) 13
10
Answer: A

14
7
66) In a particular city, of the residents subscribe to the local newspaper. Write this fraction as a percent.
50
A) 0.14%
B) 0.014%
C) 1.4%
D) 14%
Answer: D

67) For a recruitment brochure, a college presented the following graph indicating the continental homes of its
student population.

Write the percent of students from Asia as a fraction in simplest form.


76
A)
10
38
B)
500
76
C)
100
19
D)
250
Answer: D

Translate the question into an equation. Do not solve.


68) 14% of 45 is what number?
A) 14% = 45 ∙ n
B) 14% ∙ n = 45
C) 14% ∙ 45 = n
D) 14 ∙ 45 = n
Answer: C

69) What number is 17% of 78?


A) n = 17% ∙ 78
B) n ∙ 17% = 78
C) n ∙ 17 = 78
D) n = 17 ∙ 78
Answer: A

15
70) 17% of what number is 77?
A) 17 ∙ 77 = n
B) 17 ∙ n = 77
C) 17% ∙ n = 77
D) 17% = 77 ∙ n
Answer: C

71) 19.4 is 50% of what number?


A) 19.4 ∙ 50% = n
B) 19.4 = 50 ∙ n
C) 19.4 ∙ 50 = n
D) 19.4 = 50% ∙ n
Answer: D

72) What percent of 92 is 47?


A) 92% ∙ n = 47
B) 92% = 47 ∙ n
C) n ∙ 92 = 47
D) n = 92 ∙ 47
Answer: C

73) 8.5 is what percent of 85?


A) 8.5 ∙ 85 = n
B) 8.5 ∙ n = 85
C) 8.5 ∙ n = 85%
D) 8.5 = n ∙ 85
Answer: D

Solve.
74) 75% of 60 is what number?
A) 45
B) 8
C) 450
D) 80
Answer: A

75) What number is 42% of 55?


A) 23.1
B) 2.31
C) 2310
D) 231
Answer: A

76) 15 is 6% of what number?


A) 2500
B) 90
C) 250
D) 25
Answer: C

16
77) 30% of what number is 90?
A) 300
B) 30
C) 27
D) 3000
Answer: A

78) 2.8 is 56% of what number?


A) 0.5
B) 1.568
C) 5
D) 0.05
Answer: C

79) 68 is what percent of 40?


A) 1700%
B) 1.7%
C) 17%
D) 170%
Answer: D

80) 11 is what percent of 50?


A) 0.22%
B) 2.2%
C) 22%
D) 2200%
Answer: C

81) 0.2 is 10% of what number?


A) 0.02
B) 20
C) 0.2
D) 2
Answer: D

82) 175% of 20 is what number?


A) 350
B) 3500
C) 3.5
D) 35
Answer: D

1
83) 282.1 is 15 % of what number?
2
A) 18,200
B) 182
C) 18.2
D) 1820
Answer: D

17
84) 200.2 is what percent of 44?
A) 2.2%
B) 455%
C) 4.55%
D) 21.98%
Answer: B

85) What number is 22% of 20?


A) 4.4
B) 44
C) 440
D) 4400
Answer: A

86) What percent of 125 is 62.5?


A) 0.5%
B) 50%
C) 500%
D) 5%
Answer: B

87) 125% of what number is 50?


A) 156.25
B) 400
C) 40
D) 15,625
Answer: C

88) 3.5% of 19,302 is what number?


A) 67.557
B) 675.67
C) 6755.7
D) 675.57
Answer: D

89) What percent of 75,546 is 19,641.96?


A) 3.8%
B) 26%
C) 0.26%
D) 0.038%
Answer: B

90) 17,199 is 140% of what number?


A) 2,407,860
B) 24,078.6
C) 12,285
D) 122.85
Answer: C

18
Translate the question into a proportion. Do not solve.
91) 10% of 86.3 is what number?
86.3 p
A) =
10 100
a 10
B) =
86.3 100
10 p
C) =
86.3 100
86.3 10
D) =
b 100
Answer: B

92) 95% of what number is 74.1?


a 95
A) =
74.1 100
95 74.1
B) =
b 100
74.1 95
C) =
b 100
a 74.1
D) =
95 100
Answer: C

93) What percent of 500 is 60?


a 60
A) =
500 100
60 p
B) =
500 100
500 60
C) =
b 100
500 p
D) =
60 100
Answer: B

94) 453 is 52% of what number?


52 p
A) =
453 100
52 453
B) =
b 100
a 52
C) =
453 100
453 52
D) =
b 100
Answer: D

19
95) What number is 88% of 99?
99 88
A) =
b 100
88 99
B) =
b 100
88 p
C) =
99 100
a 88
D) =
99 100
Answer: D

96) 23.1 is what percent of 57?


57 23.1
A) =
b 100
57 p
B) =
23.1 100
a 23.1
C) =
57 100
23.1 p
D) =
57 100
Answer: D

Solve.
97) 10% of 200 is what number?
A) 0.2
B) 2
C) 20
D) 200
Answer: C

98) 5% of 200 is what number?


A) 1
B) 100
C) 0.1
D) 10
Answer: D

99) 8.5% of 4800 is what number?


A) 40,800
B) 408
C) 4080
D) 41
Answer: B

20
100) 60 is 30% of what number?
A) 18
B) 2000
C) 200
D) 20
Answer: C

101) 15 is 4% of what number?


A) 60
B) 3750
C) 37.5
D) 375
Answer: D

102) 33% of what number is 66?


A) 0.5
B) 200
C) 50
D) 2000
Answer: B

103) 40% of what number is 92?


A) 2300
B) 230
C) 36.8
D) 23
Answer: B

104) 120% of what number is 66?


A) 144
B) 550
C) 55
D) 14,400
Answer: C

105) 0.2 is what percent of 250?


A) 0.08%
B) 0.008%
C) 125,000%
D) 0.0008%
Answer: A

106) What percent of 0.4 is 10?


A) 4%
B) 25%
C) 0.04%
D) 2500%
Answer: D

21
107) 106.4 is what percent of 56?
A) 52.63%
B) 190%
C) 1.9%
D) 5.26%
Answer: B

Solve. Round to the nearest tenth, if necessary.


108) What number is 21.7% of 52,338?
A) 113,573.5
B) 113.6
C) 11,357.3
D) 1,135,734.6
Answer: C

109) What percent of 117,736 is 80,549?


A) 6.8%
B) 684.1%
C) 68.4%
D) 0.7%
Answer: C

110) 8456 is 123% of what number?


A) 68.7
B) 687.5
C) 687,479.675
D) 6874.8
Answer: D

Solve.
111) An inspector found 4 defective cameras during an inspection. If this is 0.004% of the total number of cameras
inspected, how many cameras were inspected?
A) 100,000 cameras
B) 10,000 cameras
C) 1000 cameras
D) 400 cameras
Answer: A

112) One day 200 teachers were sick with the flu. If this were 80% of the total number of teachers, how many teachers
were there altogether?
A) 250 teachers
B) 160,000 teachers
C) 2500 teachers
D) 16,000 teachers
Answer: A

22
113) The Fenner family paid 21% of the purchase price of a $87,000 home as a down payment. Determine the amount
of the down payment.
A) $18,270
B) $4143
C) $1827
D) $183
Answer: A

114) 60% of the students in a school are female. If there are 250 students altogether, how many students are female?
A) 150 students
B) 417 students
C) 24 students
D) 100 students
Answer: A

115) Last year, Kay bought a share of stock for $15.36. She was paid a dividend of $3.84. Determine what percent of
the stock price is the dividend.
A) 4%
B) 75%
C) 25%
D) 2.5%
Answer: C

116) In a recent survey of 2500 people, 50 said that their favorite color of car was blue. What percent of the people
surveyed liked blue cars?
A) 2%
B) 3%
C) 51%
D) 50%
Answer: A

117) The enrollment at a local college increased by 5% over last year's enrollment of 800. Find the current enrollment.
A) 1200 students
B) 840 students
C) 805 students
D) 40 students
Answer: B

118) The enrollment at a local college decreased by 14% over last year's enrollment of 1900. Find the decrease in
enrollment.
A) 1634 students
B) 2166 students
C) 2660 students
D) 266 students
Answer: D

23
119) The enrollment at a local college decreased by 11% over last year's enrollment of 400. Find the current
enrollment.
A) 389 students
B) 444 students
C) 356 students
D) 44 students
Answer: C

120) A union contract calls for a 5.4% salary increase for all employees. Determine the increase that a worker
currently making $46,710 under this contract can expect.
A) $25,223.40
B) $44,187.66
C) $49,232.34
D) $2522.34
Answer: D

121) The profit of Mythological Company last year was $285,000. This year's profit decreased by 3.7%. Find this
year's profit.
A) $10,545
B) $274,455
C) $105,450
D) $179,550
Answer: B

Solve. Round the answer to the nearest cent, if necessary.


122) A union contract calls for a 6.2% salary increase for all employees. Determine the increase for a worker who is
currently making $35,580.
A) $37,785.96
B) $2205.96
C) $33,374.04
D) $22,059.60
Answer: B

123) A union contract calls for a 5.8% salary increase for all employees. Determine the new salary for a worker who
is currently making $32,580.
A) $1889.64
B) $32,638
C) $34,469.64
D) $58
Answer: C

124) Last year the profit for a company was $320,000. This year's profit decreased by 8.6%. Find this year's profit.
A) $275,200
B) $27,520
C) $292,480
D) $44,800
Answer: C

24
Solve.
125) The enrollment at a local college increased 4% over last year's enrollment of 2000. Find the increase in
enrollment.
A) 2080 students
B) 1920 students
C) 80 students
D) 800 students
Answer: C

126) The enrollment at a local college increased 10% over last year's enrollment of 1200. Find the current enrollment.
A) 2400 students
B) 1210 students
C) 1320 students
D) 120 students
Answer: C

127) The mosquito population within a defined area is estimated at 25 million. Due to weather conditions, it is
projected that this population will increase by 40%. Find the increase and the projected population.
A) increase: 10 million mosquitos
projected population: 35 million mosquitos
B) increase: 1000 million mosquitos
projected population: 975 million mosquitos
C) increase: 1000 million mosquitos
projected population: 1025 million mosquitos
D) increase: 10 million mosquitos
projected population: 15 million mosquitos
Answer: A

Solve. Round to the nearest tenth, if necessary.


128) Find the amount of increase and the percent increase if the original amount is 65 and the new amount is 104.
A) 39; 55%
B) 39; 60%
C) 39; 70%
D) 39; 160%
Answer: B

129) A company increased the number of its employees from 200 to 285. What was the percent increase in
employees?
A) 58.8%
B) 29.8%
C) 70.2%
D) 42.5%
Answer: D

130) Before taking a typing course, Bruce could type 11 words per minute. By the end of the course, he was able to
type 51 words per minute. Find the percent increase.
A) 21.6%
B) 363.6%
C) 78.4%
D) 82.3%
Answer: B

25
131) The number of video stores in a region recently decreased from 130 to 104. Find the percent decrease.
A) 25%
B) 400%
C) 80%
D) 20%
Answer: D

132) In the past ten years, the population of a city decreased from 140,000 to 125,000. Find the percent decrease.
A) 12%
B) 10.7%
C) 89.3%
D) 833.3%
Answer: B

Solve.
133) What is the sales tax on a scanner priced at $110 if the sales tax rate is 8.1%?
A) $89.10
B) $8.91
C) $0.81
D) $118.91
Answer: B

134) A coat has a purchase price of $14. If the sales tax on this purchase is $0.84, find the sales tax rate.
A) 6%
B) 0.057%
C) 0.94%
D) 0.06%
Answer: A

135) The sales tax on the purchase of a tractor is $3589.84. If the tax rate is 9.2%, find the purchase price of the tractor.
A) $1,400,755.57
B) $35,898.40
C) $42,609.84
D) $39,020.00
Answer: D

136) A television sells for $1064. If the sales tax rate is 9.1%, what is the total price?
A) $96.82
B) $1160.82
C) $2032.24
D) $968.24
Answer: B

137) A blouse costs $112 and a skirt costs $59. What is the total price for purchasing these items if the sales tax rate is
8%?
A) $171.00
B) $307.80
C) $184.68
D) $13.68
Answer: C

26
138) A sales representative is paid a commission rate of 2.4%. Find her commission if she sold $45,140 worth of
goods last month.
A) $18,808.33
B) $1880.83
C) $1083.36
D) $46,223.36
Answer: C

139) How much commission will an agent make on the sale of a $538,900 house if she receives 1.1% of the selling
price?
A) $4899.09
B) $592.79
C) $5927.90
D) $48,990.91
Answer: C

140) A real estate agent earned $3800 for selling a property. If his commission rate is 8%, find the selling price of the
property.
A) $474,998
B) $48,500
C) $47,500
D) $475,000
Answer: C

141) A salesperson earned a commission of $2694 for selling $44,900 worth of batteries to various stores. Find the
commission rate.
A) 1.7%
B) 6%
C) 0.6%
D) 16.7%
Answer: B

142) A house sold for $241,000 and the real estate agent earned a commission of $13,737. Find the commission rate.
A) 17.5%
B) 1.8%
C) 5.7%
D) 0.6%
Answer: C

143) A house recently sold for $147,320. The commission rate on the sale is 6%. If a real estate agent is to receive 40%
of the commission, find the amount received by the agent.
A) $35.36
B) $35,356.80
C) $353.57
D) $3535.68
Answer: D

27
144) Find the amount of discount when the original price is $62.00 and the discount rate is 30%.
A) $60.14
B) $43.40
C) $1.86
D) $18.60
Answer: D

145) Find the amount of discount when the original price is $281.00 and the discount rate is 60%.
A) $112.40
B) $168.60
C) $264.14
D) $16.86
Answer: B

146) Find the amount of discount when the original price is $43,800.00 and the discount rate is 28%.
A) $1226.40
B) $12,264.00
C) $31,536.00
D) $42,573.60
Answer: B

147) Find the sale price when the original price is $62.00 and the discount rate is 14%.
A) $53.32
B) $0.87
C) $61.13
D) $8.68
Answer: A

148) Find the sale price when the original price is $50.00 and the discount rate is 20%.
A) $10.00
B) $1.00
C) $40.00
D) $49.00
Answer: C

149) Find the sale price when the original price is $39,300.00 and the discount rate is 37%.
A) $37,845.90
B) $14,541.00
C) $1454.10
D) $24,759.00
Answer: D

150) A $180 chair is on sale at 45% off. Find the discount.


A) $171.90
B) $99.00
C) $81.00
D) $8.10
Answer: C

28
151) A $2400 necklace is on sale at 15% off. Find the discount.
A) $2040.00
B) $360.00
C) $36.00
D) $2364.00
Answer: B

152) A $310 painting is on sale at 35% off. Find the sale price.
A) $2991.50
B) $10.85
C) $108.50
D) $201.50
Answer: D

153) A $1800 computer is on sale at 30% off. Find the sale price.
A) $54.00
B) $1746.00
C) $1260.00
D) $540.00
Answer: C

154) Find the discount rate when the original price is $118.00 and the amount of the discount is $68.40.
A) 1%
B) 58%
C) 70%
D) 3%
Answer: B

155) Find the original price when the discount rate is 65% and the amount of discount is $542.75.
A) $835.00
B) $352.79
C) $35,278.75
D) $8.35
Answer: A

156) A diamond necklace normally sells for $56,255. If it is first discounted by 65% and then taxed at 5.5%, find the
total price.
A) $20,772.16
B) $20,872.16
C) $20,782.16
D) $20,777.16
Answer: A

157) Find the simple interest when: Principal = $210, Rate = 8%, Time = 2 years
A) $33.60
B) $16.80
C) $168.00
D) $336.00
Answer: A

29
158) Find the simple interest when: Principal = $810, Rate = 6.5%, Time = 4 years
A) $2106.00
B) $52.65
C) $210.60
D) $526.50
Answer: C

1
159) Find the simple interest when: Principal = $14,400, Rate = 14%, Time = 3 years
4
A) $65,520.00
B) $6552.00
C) $20,160.00
D) $2016.00
Answer: B

160) Find the simple interest when: Principal = $648, Rate = 10%, Time = 5 months
A) $324.00
B) $64.80
C) $3240.00
D) $27.00
Answer: D

161) Corrin borrows $3800 and agrees to pay it back in 8 years. If the simple interest rate is 11%, find the total
amount she pays back.
A) $3344
B) $7144
C) $37,240
D) $33,440
Answer: B

162) A company borrows $65,000 for 5 years at a simple interest of 6.5% to buy software. Find the total amount paid
on the loan.
A) $21,125.00
B) $211,250.00
C) $86,125.00
D) $67,112.50
Answer: C

163) $168,000 is borrowed to buy a house. If the simple interest rate on the 25-year loan is 6.25%, find the total
amount paid on the loan.
A) $194,250.00
B) $2,625,000.00
C) $430,500.00
D) $262,500.00
Answer: C

30
164) A money market fund advertises a simple interest rate of 8%. Find the total amount received on an investment
of $19,000 for 6 months.
A) $28,120.00
B) $760.00
C) $26,600.00
D) $19,760.00
Answer: D

Find the total amount in the compound interest account.


165) $7020 is compounded semiannually at a rate of 10% for 5 years. (The compound interest factor is 1.62889.)
A) $11,434.81
B) $5717.40
C) $57,174.04
D) $1143.48
Answer: A

166) $7000 is compounded quarterly at a rate of 9% for 20 years. (The compound interest factor is 5.93015.)
A) $50,400.00
B) $41,511.05
C) $3735.99
D) $14,943.98
Answer: B

167) $1740 is compounded daily at a rate of 6% for 15 years. (The compound interest factor is 2.45942.)
A) $64,190.86
B) $4279.39
C) $3851.45
D) $3306.00
Answer: B

Find the total amount of compound interest earned.


168) $4600 is compounded quarterly at a rate of 5% for 15 years. (The compound interest factor is 2.10718.)
A) $17,250.00
B) $9693.03
C) $12,650.00
D) $5093.03
Answer: D

169) $12,000 is compounded annually at a rate of 9% for 10 years. (The compound interest factor is 2.36736.)
A) $2556.75
B) $10,800.00
C) $16,408.32
D) $28,408.32
Answer: C

170) $6460 is compounded semiannually at a rate of 8% for 10 years. (The compound interest factor is 2.19112.)
A) $5168.00
B) $11,323.71
C) $14,154.64
D) $7694.64
Answer: D

31
Solve. Round to the nearest cent, if necessary.
171) A college student borrows $1400 for 10 months to pay for a semester of school. If the interest is $112, find the
monthly payment.
A) $140.00
B) $75.60
C) $151.20
D) $11.20
Answer: C

172) Oliver borrows $900 for 10 months. If the interest is $54, find his monthly payment.
A) $47.70
B) $90.00
C) $95.40
D) $5.40
Answer: C

173) $12,000 is borrowed for 10 years. If the interest on the loan is $8400, find the monthly payment.
A) $100
B) $1700
C) $70
D) $170
Answer: D

174) $1300.00 is borrowed for 6 years. If the interest on the loan in $702.00, find the monthly payment.
A) $166.83
B) $27.81
C) $9.75
D) $18.06
Answer: B

Fill in the blank with one of the words or phrases listed below. Some words may be used more than once.

percent sales tax 0.01 compound interest percent of decrease total price
base of 100% amount of discount sale price commission
1
amount is percent of increase
100

175) In a mathematical statement, usually means "multiplication."


A) base
B) percent
C) is
D) of
Answer: D

176) In a mathematical statement, means "equals."


A) base
B) percent
C) is
D) of
Answer: C

32
177) means "per hundred."
A) Base
B) Percent
C) 100%
D) Compound interest
Answer: B

178) is computed not only on the principal, but also on interest already earned in previous
compounding periods.
A) Amount
B) Percent
C) Base
D) Compound interest
Answer: D

percent
179) In the percent proportion =
100
amount
A)
1
100
base
B)
amount
amount
C)
compound interest
amount
D)
base
Answer: D

180) To write a decimal or fraction as a percent, multiply by .


A) 0.01
B) 100%
C) percent
1
D)
100
Answer: B

181) The decimal equivalent of the % symbol is .


1
A)
100
B) percent
C) 100%
D) 0.01
Answer: D

33
182) The fraction equivalent of the % symbol is .
A) 0.01
B) percent
C) 100%
1
D)
100
Answer: D

183) The percent equation is ∙ percent = .


A) base, percent
B) amount, base
C) amount, percent
D) base, amount
Answer: D

amount of decrease
184) = .
original amount
A) Percent of decrease
B) Amount of discount
C) Sale price
D) Percent of increase
Answer: A

amount of increase
185) = .
original amount
A) Total price
B) Sales tax
C) Percent of decrease
D) Percent of increase
Answer: D

186) = tax rate ∙ purchase price.


A) Sales tax
B) Amount of discount
C) Total price
D) Sale price
Answer: A

187) = purchase price + sales tax.


A) Commission
B) Sale price
C) Sales tax
D) Total price
Answer: D

34
188) = commission rate ∙ sales.
A) Commission
B) Total price
C) Sale price
D) Amount of discount
Answer: A

189) = discount rate ∙ original price.


A) Commission
B) Sales tax
C) Amount of discount
D) Sale price
Answer: C

190) = original price - amount of discount.


A) Commission
B) Total price
C) Sales tax
D) Sale price
Answer: D

Write the percent as a decimal.


191) 18%
A) 0.018
B) 1.8
C) 0.07
D) 0.18
Answer: D

192) 200%
A) 2
B) 2.01
C) 20
D) 0.2
Answer: A

193) 0.3%
A) 0.003
B) 0.004
C) 0.03
D) 0.3
Answer: A

Write the decimal as a percent.


194) 0.241
A) 241%
B) 24.1%
C) 0.241%
D) 0.0241%
Answer: B

35
195) 1.5
A) 15%
B) 0.15%
C) 0.0015%
D) 150%
Answer: D

196) 0.01
A) 0.1%
B) 0.001%
C) 1%
D) 10%
Answer: C

Write the percent as a fraction or mixed number in simplest form.


197) 180%
9
A)
5
18
B)
5
5
C)
18
9
D)
10
Answer: A

198) 5.5%
11
A)
200
1
B) 5
2
55
C)
100
1
D) 5
20
Answer: A

199) 0.9%
9
A)
100
9
B)
500
9
C)
1000
9
D)
2000
Answer: C

36
Write the fraction or mixed number as a percent.
2
200)
5
A) 1000%
B) 20%
C) 4%
D) 40%
Answer: D

6
201)
11
5
A) 1 %
6
5
B) 5 %
11
6
C) 54 %
11
1
D) 18 %
3
Answer: C

3
202) 2
10
3
A) 2 %
10
B) 23%
C) 50%
D) 230%
Answer: D

Solve.
203) What number is 27% of 90?
A) 48.6
B) 2.43
C) 24.3
D) 243
Answer: C

204) 0.4% of what number is 5.6?


A) 2800
B) 1400
C) 700
D) 840
Answer: B

37
205) 303 is what percent of 404?
A) 65%
B) 80%
C) 150%
D) 75%
Answer: D

Solve. Round all dollar amounts to the nearest cent, if necessary.


206) The bank requires the Smale family to make a down payment of 23% of the purchase price of their new home. If
the purchase price is $247,000, how much is their down payment?
A) $5681
B) $568
C) $10,739
D) $56,810
Answer: D

207) A hospital administrator in Michigan determined that 250% of the hospital's nursing staff, or 250 nurses, has
taken at least one sick day this month. Find the total number of nurses on the hospital's staff.
A) 625,000 nurses
B) 62,500 nurses
C) 1000 nurses
D) 100 nurses
Answer: D

208) If the sales tax rate is 9.7%, find the total amount charged for a television priced at $1249.
A) $121.15
B) $1211.53
C) $2460.53
D) $1370.15
Answer: D

209) A population of bacteria increased from 200 million to 275 million. Find the percent increase.
A) 137.5%
B) 37.5%
C) 27.3%
D) 57.9%
Answer: B

210) A $290.00 dress is on sale for 10% off. Find the discount and the sale price.
A) Discount: $2.90; sale price: $2871.00
B) Discount: $2.90; sale price: $261.00
C) Discount: $29.00; sale price: $2871.00
D) Discount: $29.00; sale price: $261.00
Answer: D

38
211) A sales representative is paid a commission rate of 5.3% on all sales. Find her commission if her sales were
$132,610.
A) $2502.08
B) $7028.33
C) $25,020.75
D) $139,638.33
Answer: B

212) A tax of $5616 is added to a bulk order's price of $43,200. Find the sales tax rate.
A) 7.7%
B) 0.8%
C) 1.3%
D) 13%
Answer: D

1
213) Find the simple interest earned on $7200 saved for 9 years at an interest rate of 16%.
2
A) $109,440.00
B) $11,520.00
C) $1152.00
D) $10,944.00
Answer: D

214) $4600 is compounded quarterly at 10%. Find the total amount in the account after 5 years. (The compound
interest factor is 1.63862.)
A) $753.77
B) $7537.65
C) $3768.83
D) $37,688.26
Answer: B

215) An entrepreneur borrowed $23,000 from a bank at 8% for 3 months to get a project off the ground. Find the total
amount due the bank the end of the 3-month period.
A) $28,520.00
B) $23,460.00
C) $460.00
D) $27,600.00
Answer: B

39

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