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Unformatted text preview: 2. The Strauss Insurance Company laid off 20% of its employees one year and then increased its 1 staff by 12 % the following year. If the firm 2 originally employed 120 workers, what was the net change in staff over the twoyear period? (A) (B) (C) (D) (E) Decrease of 12 Increase of 15 Decrease of 9 Decrease of 24 Increase of 12 3. 6. 25 200 2 How much money is saved by buying an article priced at $80 with a 40% discount, rather than buying an article marked at $90 with a discount of 35% then 10%? (A) $4.65 (B) $1.50 (C) $10.50 (D) $3.15 (E) $4.25 85 86 Chapter 6 7. In Central City, a property owner pays school taxes at the rate of 2% of the first $1500 of assessed valuation, 3% of the next $2000, 5% of the next $3000, and 6% of the remainder. How much must Mr. Williams pay in school taxes each year if his home is assessed at $8000? (A) $300 (B) $230 (C) $600 (D) $330 (E) $195 Jeffrey delivers newspapers for a salary of $20 per week plus a 4% commission on all sales. One week his sales amounted to $48. What was his income that week? (A) $19.20 (B) $21.92 (C) $1.92 (D) $39.20 (E) $32 9. At Baker High, 3 out of every 4 graduates go on to college. Of these, 2 out of every 3 graduate from college. What percent of students graduating from Baker High will graduate from college? (A) (B) (C) (D) (E) 66 75 50 33 25
1 3 2 3 8. 10. The basic sticker price on Mr. Feldman’s new car was $3200. The options he desired cost an additional $1800. What percent of the total price was made up of options? (A) (B) (C) (D) (E) 56 36 64 18 9
1 4 Certain types of business situations are excellent applications of percent. Study the examples on the following page carefully, as they are problems you will encounter in everyday life as well as on these examinations. www.petersons.com Verbal Problems Involving Percent 87 1. PERCENT OF INCREASE OR DECREASE
The percent of increase or decrease is found by putting the amount of increase or decrease over the original amount and changing this fraction to a...
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 Spring '10
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 SAT

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