Question 1

Mel Rickter is reviewing the total accounts receivable. This month, he received $45,000 from credit customers. This represented 25% of all receivables due. What is the total amount of Mel Rickter's accounts receivable?

Accepted Answer

B = ?, R = 25%, P = 45,000. Divide $45,000 by .25 to get $180,000.

Question 2

At the end of the season, the Marblehead Indians had 18 wins and 4 losses. What percent of the games did the team win? (Round to the nearest hundredth percent.)

Accepted Answer

B = 18 + 4 = 22, R = ?, P = 18. Divide 18 by the total number of games, 22, to get a rate of .8182; convert to percent and round to the nearest hundredth.

Question 3

At Acorn College the tuition has increased 20% for each of the last two years. If tuition this year is $6,000, what was the tuition two years ago? (Round all answers to nearest dollar.)

Accepted Answer

The answer of At Acorn College the tuition has increased...

Question 4

The price of a calculator decreased from $60 to $15. What was the percent of the decrease?

Accepted Answer

B = 60, R = ?, P = 60 - 15 = 45. Take 45/60 and convert to a percent.

Question 5

The sales tax in Massachusetts is 5%. Joanne bought a wood stove with a sales tax of $15. What was the cost of the wood stove before tax?

Accepted Answer

The answer of The sales tax in Massachusetts is 5%....

Question 6

In 2015 North Shore Community College had a total student body that was 5% more than in 2014. The enrollment in 2015 was 4,200. How many students attended the college in 2014? (Round answer to nearest whole number.)

Accepted Answer

The answer of In 2015 North Shore Community College had...

Quiz 6: Percents and Their Applications