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1.
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Select the equivalent expression for the following:
30% of $74.95
a. | 0.30  74.95 | b. | 30 
74.95 | c. | 0.30  74.95 | d. | 30 
74.95 |
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2.
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Select the equivalent expression for 6.25%.
a. | 0.0625 | b. | 0.625 | c. | 6.25 | d. | 62.5 |
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3.
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In Manitoba, the retail sales tax (RST) is 7%, and the goods and services tax
(GST) is 5%. Calculate the total cost of a laptop computer that is on sale for $1789.89.
a. | $1915.18 | b. | $1879.38 | c. | $1811.37 | d. | $2004.68 |
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4.
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Calculate the price of a new digital camera which is on sale for 15% off if the
regular price of $169.95. Only the GST, 5%, is charged on this item.
a. | $144.46 | b. | $151.68 | c. | $152.95 | d. | $147.59 |
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5.
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J.R. wants to buy a new sofa. One store is selling the sofa he wants for 20% off
the regular price of $795.55. A second store is selling the same sofa for 15% off the regular price
of $658.79. Which store has the better price?
The steps for solving this problem are shown.
Select the step that contains the error.
a. | Calculate 20% of $795.55. This will be the amount J.R. will save on the sofa from the
first store.
Calculate 15% of $658.79. This will be the amount J.R. will same on the sofa from the
second store. | b. | Store 1: 0.20  $795.55 = $159.11
Store 2: 0.15  $658.79 = $98.82 | c. | Store 1: $795.55 - $159.11 = $636.44
Store
2: $658.79- $98.82 = $559.97 | d. | Since J.R will save more money if he buys the
sofa at Store 1, the store that is selling the sofa at the best price is Store
1. |
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6.
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How much money will Katie earn in interest if she invests $5000 that pays 4.25%
simple interest for 5 years? Select the best expression to begin to solve this problem.
a. | 4.25  $5000 | c. | 0.425 
$5000 | b. | 0.0425  $5000 | d. | 425 
$5000 |
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7.
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Determine how much Katie’s investment, from question 6, will be worth in 5
years.
a. | $6062.50 | b. | $3937.50 | c. | $5212.50 | d. | $4787.50 |
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8.
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Garry’s Electronic store is having a “NO GST” sale, where any
purchase will have the PST of 7% added to the total. How much will Pamela pay for a plasma T.V. if
the price of the T.V. is $1259.95?
a. | $88.20 | b. | $1171.75 | c. | $1348.15 | d. | $2141.92 |
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9.
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A mountain bike is on sale for 30% off the regular price of $379.69. Calculate
the purchase price if the taxes amount to 5%.
a. | $113.91 | b. | $398.67 | c. | $265.78 | d. | $279.07 |
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10.
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Stephan works at a music store. He is paid $185 a week, plus 8% of the value of
his sales for the week. Last week, his sales totalled $428.56. What were his total earnings for the
week?
a. | $647.84 | b. | $462.84 | c. | $329.45 | d. | $219.28 |
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