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1) An item is marked down 15%; the sale price is $127.46. What was the original price?
=$
2) The price of oil decreased from $54 per barrel to $50 per barrel. What is the percentage decrease in oil price?
= %
3) Tracksuits normally ticketed at $49.95 were discounted at $19.95. What was the percentage discount offered?
= %
4) Inflation is currently running at 3% per annum. That means that all goods and services will cost 3% more in a year’s time. What will be the cost in 1 year’s time of :
a) A $20 CD.
b) A $65 dental checkup.
c) A $49.95 pair of jeans.
a) =$
b) =$
c) = $
5) The value of Thomas’ new bike depreciated by 22% this year. If the value at the beginning of the year was $888. What is the value of the bike at the end of the year?
=$
6) a) By what percentage should 950 be increased to give 980?
b) Is it the same as the percentage required to decrease 980 to 950? ( ANSWER WITH YES/NO)
a)= %
b)
7) An item that regularly sells for $425 is marked down to $318.75. What is the discount rate?
= %
8) There were 160 smarty’s in the box yesterday, but now there are 116, what is the percentage change?
%
9) The tuition at a college increased from 50,000 in 2006 to to 59,000 in 2007. What is the percentage increase in tuition?
= %
10) Stock in Company XYZ decreased from $14 a share to $9 a share. What is the percentage decrease in stock price?
= %