Determining Sale Price Or Discount

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1. 15% of 5,000 is _______________.

Explanation

15% of 5,000 can be calculated by multiplying 5,000 by 0.15. This gives us 750, which is the correct answer.

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About This Quiz
Determining Sale Price Or Discount - Quiz

This quiz assesses the ability to calculate sale prices and discounts, essential skills in financial literacy. It includes practical scenarios like applying coupons and computing taxes, enhancing real-world... see moreproblem-solving skills. see less

2. 20% of 480 is ________.

Explanation

To find 20% of 480, we can multiply 480 by 0.2 (which is the decimal form of 20%). This calculation gives us 96, which is the correct answer.

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3. 5% of 20 is _______.

Explanation

To calculate 5% of a number, we can multiply the number by 0.05. In this case, 5% of 20 would be 20 * 0.05 = 1. Therefore, the correct answer is 1.

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4. 7% tax on an item that costs $499.99 is $37.99.

Explanation

The statement is false because a 7% tax on an item that costs $499.99 would be $34.99, not $37.99. To calculate the tax, we need to multiply the cost of the item by the tax rate (7% or 0.07), which gives us $34.9993. However, since we are dealing with money, we round this amount to the nearest cent, resulting in $34.99.

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5. 30% off of $165 is ___________

Explanation

To calculate the discount, we multiply the original price ($165) by the percentage off (30%). 30% of $165 is $49.50. Therefore, the final price after the discount is $165 - $49.50 = $115.50.

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6. Mrs. Bidne decided to buy an aquarium for her son.  The pet store had an ad in the local paper that showed a couple ways that Mrs. Bidne could save some money on this purchase.  She clipped a coupon for $5.00 off any item, but she also saw that all aquariums are 15% off.  The price of the aquarium is $24.99.  Which discount would offer the lowest price?

Explanation

The $5.00 coupon is the better deal because it offers a fixed discount of $5.00 off the original price of $24.99. On the other hand, the 15% off sale price would only give a discount of approximately $3.75 ($24.99 * 0.15 = $3.74). Therefore, the $5.00 coupon would result in a lower price for the aquarium compared to the 15% off sale price.

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7. Ms. Anderson received a coupon in the mail for Carters children clothing.  The coupon is for 25% off a regular priced item.  Ms. Anderson found a dress for her daughter that is priced at $29.99.  How much will Ms. Anderson have to pay for her daughter's dress?

Explanation

Ms. Anderson received a coupon for 25% off a regular priced item. The dress for her daughter is priced at $29.99. To calculate the amount she will have to pay, we need to find 25% of $29.99. To find 25%, we divide $29.99 by 100 and then multiply the result by 25. This gives us $7.4975. Rounding this to the nearest cent, Ms. Anderson will have to pay $7.49 less for the dress. Subtracting $7.49 from the original price of $29.99 gives us $22.50. However, since the question asks for the amount she will have to pay, we round this down to $22.49. Therefore, the correct answer is $22.49.

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8. If 9 of Ms. Anderson's 30 students are absent,what percentage of students are not in class?

Explanation

The correct answer is 30% because if 9 out of 30 students are absent, it means that 30-9=21 students are present in class. To find the percentage of students not in class, we divide the number of absent students (9) by the total number of students (30) and multiply by 100. This gives us (9/30) * 100 = 30%. Therefore, 30% of the students are not in class.

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9. Dakota has found the car of his dreams!  He's saved just enough money to pay for the car, 7% sales tax, and the $49.50 license fee.  How much will Dakota pay for this purchase?

Explanation

Dakota will pay $3045.50 for the car. This includes the cost of the car, the 7% sales tax, and the $49.50 license fee.

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10. What is the important information you need to solve this problem?

Deb ordered supplies for our school.  There were 7 items on the order, which came to a total of $59.50 before shipping.  Shipping will cost $5.00 for an order total between $50-$60.  The order should arrive at our school on the 3rd business day after the order is placed.  What is the total cost of this order?

(select all that apply)

Explanation

The important information needed to solve this problem is the number of items in the order (7 items), the total cost of the items before shipping ($59.50), and the cost of shipping ($5.00).

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15% of 5,000 is _______________.
20% of 480 is ________.
5% of 20 is _______.
7% tax on an item that costs $499.99 is $37.99.
30% off of $165 is ___________
Mrs. Bidne decided to buy an aquarium for her son.  The pet store...
Ms. Anderson received a coupon in the mail for Carters children...
If 9 of Ms. Anderson's 30 students are absent,what percentage of...
Dakota has found the car of his dreams!  He's saved...
What is the important information you need to solve this problem?Deb...
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