# What's 20 Percent of 1000? - How-to & Steps

Instructions:

question 1 of 3

### Which of the following statements are true?

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### 2. Suppose you deposit \$400 into a savings account that pays 3% simple interest per year. How much interest do you earn in a year?

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Calculating your tip after a meal is just one use of being able to calculate percentages, but it's very useful in many everyday life situations. This quiz/worksheet combo will allow you to practice finding the percentages of numbers, including numbers past 1,000.

## Quiz & Worksheet Goals

This quiz and worksheet will cover the following:

• Identifying true statements about putting variables in decimal form
• Calculating what tip to leave for a given percentage and bill amount
• Figuring out how much interest you will earn given certain numbers
• Solving problems to find what a percentage of a given number is

## Skills Practiced

These assessments will use the following skills:

• Reading comprehension - ensure that you draw the most important information from the related lesson on solving problems using percentages
• Problem solving - use acquired knowledge to practice problems involving tipping at a restaurant
• Knowledge application - use your knowledge to check your understanding of how to evaluate interest