Page 1 - Exam 2 PDF v3 for students_Neat

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Exam # 2 HTC Bet Midrash MATH 105 Winter 2014

Name: ______________________________________ Maximum score : 70

 1. Express 0.481 as a percent. A) 0.481% B) 0.00481% C) 48.1% D) 4.81%

 2.
Express ¾ as a percent. ________

 3. Express 970% as a decimal. A) 9.7 B) 970 C) 97,000 D) 97

 4. Find the sales tax and total cost of an item that costs $309.95 if the tax rate is 8%.

 5. A coat was reduced from $250 to $200. Find the percent of the reduction in price.

A) 25% B) 20% C) 1.25% D) 0.8%

 6. A real estate agent received a 5.5% commission on the sale of a home. If her
commission was $26,510, how much did the home sell for?

 7. Find the missing value.
Principal Rate Time Simple Interest

$21,800 9% 5 years

 8. Find the maturity value (simple interest) of a loan where: P = $3,600, r = 9%, t = 8 years

A) $7,173.23 B) $6,455.90 C) $6,192.00 D) $5,572.80

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