Multiple Choice
Circle the
letter of the choice that best completes the statement or answers the question.


1.

From
$5 to $10 a.  50%
increase  c.  150%
decrease  b.  100% increase  d.  100% decrease     


2.

From
$10 to $5 a.  50%
decrease  c.  150%
increase  b.  100% decrease  d.  50% increase     


3.

From
$40 to $50 a.  50%
decrease  c.  150%
decrease  b.  100% increase  d.  25% increase     


4.

From
$50 to $40 a.  50%
increase  c.  20%
decrease  b.  100% increase  d.  100% decrease     


5.

From
$25 to $35.50 a.  60%
increase  c.  100%
decrease  b.  42% increase  d.  42% decrease     


6.

If
the price of a jar of honey is reduced from $4 to $3, by what percent is the price
reduced?


7.

The
Compuchip Corporation laid off 20% of its 5,000 employees last month. How many employees were not
laid off?


8.

A
certain credit card company charges % interest per month on
the unpaid balance. If Marie has an unpaid balance of $300, how much interest will she be charged for
one month? a.  $304.50  c.  $1.50  b.  $45.00  d.  $4.50     


9.

Arturo bought $500 worth of stocks on Monday. On Thursday, he sold his stocks for
$600. Excluding commissions, what percent does his profit represent of his original
investment?


10.

Annie
started the day with $150 in her pocketbook. She spent 9% of it to buy breakfast, 21% to buy lunch,
and 30% to buy dinner. If she didn’t spend any other money that day, how much money did she have
left at the end of the day?
