# Operations with Percents: Simple Interest & Percent Change

Instructions:

question 1 of 3

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

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 75,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free for 30 days. Cancel anytime.

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

Create your account to access this entire worksheet
Quizzes, practice exams & worksheets
Certificate of Completion
Create an account to get started

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

Get a more in-depth learning about this topic in the provided lesson, Operations with Percents: Simple Interest & Percent Change. This lesson offers more insight into:

• Defining simple interest
• Examples of percent change
• Formulas for simple interest and percent change
• Examples of both formulas
Final Exam
Chapter Exam

Support