Question 1

Numbers greater than 1% in decimal will have at least two zeros in front of the number.

Accepted Answer

A) True 
 B)False

Question 2

The portion is equaled to the base divided by the rate.

Accepted Answer

A) True 
 B)False

Question 3

.83 in percent equals 83%.

Accepted Answer

A) True 
 B)False

Question 4

Joe Company in 2013 had sales of $800,000. In 2014 sales were up 75%. Calculate the sales for 2014.

Accepted Answer

A) $140,000. 
B) $1,400,000,000. 
C) $1,400. 
D) $1,400,000. 
E) None of these 
A) $140,000. 
B) $1,400,000,000. 
C) $1,400. 
D) $1,400,000. 
E) None of these

Question 5

.532 in percent equals 5.32%.

Accepted Answer

A) True 
 B)False

Question 6

The base is calculated by dividing the portion into the rate.

Accepted Answer

A) True 
 B)False

Question 7

To calculate a percent increase, the portion is the missing element.

Accepted Answer

A) True 
 B)False

Question 8

Mel Company has a net income, before taxes, of $95,000. The treasurer of the company estimates 45% of net income will have to be paid for federal and state taxes. The tax for both federal and state is:

Accepted Answer

A) $21,111. 
B) $42,750. 
C) $42,560. 
D) $47,250. 
E) None of these 
A) $21,111. 
B) $42,750. 
C) $42,560. 
D) $47,250. 
E) None of these

Question 9

Lee, the manager of Lexington soccer team, was trying to figure the percent of games the team lost this season. Their record was 30 wins and 10 losses. What percent of the soccer games did they lose?

Accepted Answer

A) 20%. 
B) 75%. 
C) 80%. 
D) 25%. 
E) None of these 
A) 20%. 
B) 75%. 
C) 80%. 
D) 25%. 
E) None of these

Question 10

In many problems the base is found before the word "of".

Accepted Answer

A) True 
 B)False

Question 11

The portion can never be larger than the base.

Accepted Answer

A) True 
 B)False

Question 12

At the Boston Children's Museum, it was estimated that 38% of all visitors are from in state. On Saturday, 8,000 people attended the museum. What is the number of out-of-state people in attendance?

Accepted Answer

A) 3,040. 
B) 3,404. 
C) 4,960. 
D) 4,690. 
E) None of these 
A) 3,040. 
B) 3,404. 
C) 4,960. 
D) 4,690. 
E) None of these

Question 13

The price of a hairpiece was increased from $500 to $550. What was the percent of increase?

Accepted Answer

A) 9.1%. 
B) 10%. 
C) 20%. 
D) 25%. 
E) None of these 
A) 9.1%. 
B) 10%. 
C) 20%. 
D) 25%. 
E) None of these

Question 14

A percent is the result of a number being expressed as a fraction of 100.

Accepted Answer

A) True 
 B)False

Question 15

The rate can be found by dividing the base into the portion.

Accepted Answer

A) True 
 B)False

Question 16

The price of a iPod dropped from $299.99 to $180.55. What was the percent decrease in price? (Round to nearest hundredth percent.)

Accepted Answer

A) 39.82%. 
B) 39.81%. 
C) 39.80%. 
D) 39%. 
E) None of these 
A) 39.82%. 
B) 39.81%. 
C) 39.80%. 
D) 39%. 
E) None of these

Question 17

A percent decrease can never be more than 50%.

Accepted Answer

A) True 
 B)False

Question 18

Ford Motor Company sells the Fusion SES for $24,400. The Fusion Hybrid sells for $29,975. What is the percentage increase in price for the Hybrid over the Fusion SES? (Round to tenth.)

Accepted Answer

A) 1.23%. 
B) 122.9%. 
C) 22.8%. 
D) 22%. 
E) None of these 
A) 1.23%. 
B) 122.9%. 
C) 22.8%. 
D) 22%. 
E) None of these

Question 19

The rate in the portion formula is equal to:

Accepted Answer

A) Portion divided by base. 
B) Base × portion. 
C) Portion divided by rate. 
D) Base × portion divided by 2. 
E) None of these 
A) Portion divided by base. 
B) Base × portion. 
C) Portion divided by rate. 
D) Base × portion divided by 2. 
E) None of these

Question 20

To convert a percent to fraction, attach the percent sign and divide by 1/100.

Accepted Answer

A) True 
 B)False

Exam 6: Percents and Their Applications

Numbers greater than 1% in decimal will have at least two zeros in front of the number.

The portion is equaled to the base divided by the rate.

.83 in percent equals 83%.

Joe Company in 2013 had sales of $800,000. In 2014 sales were up 75%. Calculate the sales for 2014.

.532 in percent equals 5.32%.

The base is calculated by dividing the portion into the rate.

To calculate a percent increase, the portion is the missing element.

Mel Company has a net income, before taxes, of $95,000. The treasurer of the company estimates 45% of net income will have to be paid for federal and state taxes. The tax for both federal and state is:

Lee, the manager of Lexington soccer team, was trying to figure the percent of games the team lost this season. Their record was 30 wins and 10 losses. What percent of the soccer games did they lose?

In many problems the base is found before the word "of".

The portion can never be larger than the base.

At the Boston Children's Museum, it was estimated that 38% of all visitors are from in state. On Saturday, 8,000 people attended the museum. What is the number of out-of-state people in attendance?

The price of a hairpiece was increased from $500 to $550. What was the percent of increase?

A percent is the result of a number being expressed as a fraction of 100.

The rate can be found by dividing the base into the portion.

The price of a iPod dropped from $299.99 to $180.55. What was the percent decrease in price? (Round to nearest hundredth percent.)

A percent decrease can never be more than 50%.

Ford Motor Company sells the Fusion SES for $24,400. The Fusion Hybrid sells for $29,975. What is the percentage increase in price for the Hybrid over the Fusion SES? (Round to tenth.)

The rate in the portion formula is equal to:

To convert a percent to fraction, attach the percent sign and divide by 1/100.

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