Name:    Lesson 4.8: Combining Percents

1.

Kim’s mother bought a new minivan for \$27 500. The minivan decreases in value by 15% after one year. What is the value of the minivan after one year?
 a. \$27 535 b. \$23 375 c. \$25 755 d. \$23 575

2.

Caleb bought a new motorboat for \$15 000. The boat decreases in value by 20% after one year. What is the value of the motorboat after one year?
 a. \$14 000 b. \$10 000 c. \$13 500 d. \$12 000

3.

Amanda deposited \$2500 into a savings account that pays 4.5% interest per year. How much interest does Amanda earn after one year?
 a. \$112.50 b. \$1125 c. \$11.25 d. \$125.10

4.

Marco deposited \$5000 into a savings account that pays 5.25% interest per year. How much interest does Marco earn after one year?
 a. \$26.25 b. \$2625.00 c. \$262.50 d. \$562.63

5.

What is the missing number in the following equation?
5% of 75 + 8% of 75 = % of 75
 a. 1.3 b. 13 c. 150 d. 1.5

6.

What is the missing number in the following equation?
7% of 480 + 8% of 480 = % of 480
 a. 15 b. 1.5 c. 150 d. 0.15

7.

The regular price of a sweater is \$17.50. It is on sale for 15% off. There is no PST, but there is 5% GST. What is the final price of the sweater?
 a. \$16.25 b. \$12.56 c. \$16.52 d. \$15.62

8.

The regular price for a portable DVD player is \$169.99. It is on sale for \$20% off. There is 7% PST and 5% GST. What is the final price of the DVD player?
 a. \$125.79 b. \$175.29 c. \$152.31 d. \$195.92

9.

The regular price of an item is \$500. It is increased by 12%. After a couple of weeks it is reduced by 15%. What is the new price of the item?
 a. \$467 b. \$476 c. \$567 d. \$576

10.

The regular price of item is \$1250. It is increased by 8%. After a couple of weeks it is reduced by 12%. What is the final price of the item with no PST and 5% GST?
 a. \$1247.40 b. \$1427.40 c. \$1724.40 d. \$1274.70