Operations with Percents: Simple Interest & Percent Change - Quiz & Worksheet

Instructions:

question 1 of 3

Kathryn borrowed \$500 for 2 years from Galen. He charged her 7% interest. How much did Kathryn pay back?

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2. A pair of jeans gets marked down from \$40 to \$32. By what percent did the price get reduced?

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This quiz and worksheet provide a chance to review your ability to correctly solve problems with percentages. You'll review what you know about percentages and recall how to properly interpret them.

Quiz & Worksheet Goals

Use this quiz and worksheet to test and review:

• The interest formula with percentages
• The percentage by which jeans were reduced if they went from \$40 to \$32
• Interpreting word problems correctly

Skills Practiced

• Information recall - revisit what you know about percents to recall the formulas correctly
• Interpreting information - see if you can correctly interpret what the word problems are asking for and how to solve them
• Problem solving - use your understanding of interest and percent change formulas to solve sample problems