Percentage: reverse percent and simple interest

Advanced Math 7 · Unit 7 · percent-simple-interest

percent-simple-interest

Name ______________________________Date ______________

1.
Find the simple interest earned on $500 at $4\%$ per year for $3$ years, in dollars.
Answer: ______________
2.
After a $20\%$ discount, a jacket costs $72. What was the original price, in dollars?
Answer: ______________
3.
Priya deposits $1,200 in an account paying $5\%$ simple interest per year. After how many years will the account hold $1,500?
Answer: ______________
4.
A video game is on sale for $60 after a $25\%$ discount. What was the original price?
1. (A)
  $45
2. (B)
  $75
3. (C)
  $80
4. (D)
  $85
5.
Account A starts with $800 and earns $6\%$ simple interest per year. Account B starts with $1,000 and earns $4\%$ simple interest per year. After how many years do the two accounts hold the same amount?
1. (A)
  $5$
2. (B)
  $10$
3. (C)
  $20$
4. (D)
  $25$
5. (E)
  $50$