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Consumer Math Exam 2
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Consumer Math Exam 2
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25 Questions

1. Find the discount amount: $46.99 glove; 15% off

2. 7% sales tax on PS4 selling for $99. What is the total cost?

3. Find the discount amount: $5.70 bracelet; 10% off

4. Jay paid $54.00 for his Xbox game. What is the sales tax if the tax rate is 5.5%?

5. Ryan bought $ 15,000 from a bank to buy a car at 10% simple Interest. If he paid $ 9,000 as interest while clearing the loan, find the time for which the loan was given.

6. must be expressed as years

7. r=4.5% t=2 years p=$12000, what is I?

8. If the sales tax rate is 7.5% in New York State, then how much would you pay for a pair of $24 shorts in Albany?

9. 6% sales tax on a pair of jeans selling for $19.99. How much is the sales tax?

10. Round $23.453422 to the nearest penny.

11. Interest Rate: 1% each year - Starting Balance: $269 - Time Passed: 3 years. How much interest has accrued if we are using simple interest? What is the new total balance?

12. Sue bought a necklace for $7.00. She had to pay a 9% tax. How much sales tax did Sue have to pay?

13. If the balance at the end of eight years on an investment of $630 that has been invested at a rate of 9% is $1,083.60, how much was the interest?

14. What sum of money will earn an interest of $ 162 in 3 years at the rate of 12% per annum

15. Toby buys a new ipod player for a price of $89.50. What is the total amount his credit card is charged if the sales tax is 9.5%?

16. I = $ 20 Rate = 2% per annum Time = 20 month

17. 8% sales tax on a computer that costs $800. What is the total cost?

18. the amount borrowed or invested

19. You deposit $5000 in an account that earns 5% simple interest. How much interest will it earn in 4 years?

20. p=$6,800 t=16 years r=2.5%, what is I?

21. Find the sale price: $7.50 ticket; 20% off; 5.75% tax

22. 7% sales tax on a computer that costs $500. What is the total cost?

23. 6% sales tax on a pair of jeans selling for $19.99. What is the total cost?

24. Festus bought a computer for $799, Apple iPad at $239.99, and a printer at $231.25. The sales tax rate is 4.5% percent. What is the total purchase price, including sales tax?

25. Find the sale price: $12.25 pen set; 60% discount