Percentage Questions

Multiple choice
  1. $\$10,350$
  2. $\$10,395$
  3. $\$10,500$
  4. $\$11,500$
  5. $\$12,705$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Year 1: 10000 * 1.10 = 11000. Year 2: 11000 * 1.05 = 11550. Year 3: 11550 * 0.90 = 10395.

Multiple choice
  1. 8.33

  2. 5.18

  3. 6.63

  4. 3.21

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

College T in 2006 = 2180. College T in 2007 = 2250. Increase = 2250 - 2180 = 70. Percent increase = (70 / 2180) * 100 = 3.211%.

Multiple choice
  1. $2.4 million
  2. $2.9 million
  3. $3.0 million
  4. $3.1 million
  5. $3.6 million
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Let R1 be 2005 revenue, N be pairs, P be price. R1 = N * P. In 2006, N' = 0.8N and P' = 1.2P. Revenue R2 = 0.8N * 1.2P = 0.96 * R1. Given R2 = 3.0 million, R1 = 3.0 / 0.96 = 3.125 million.