MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises Write 61% as a decimal. MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises Write the decimal 7.65 as a percent. MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises 1 Write as a percent. 16 MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises What is 20% of 360? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises What is 20% of 360? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises 40 is what percent of 160? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises 40 is what percent of 160? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises 44.55 is 24.75% of what number? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises 44.55 is 24.75% of what number? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A husband bought a diamond ring for his famous wife for $35,000. Years later, the ring sold at auction for $12,008,400. The auction price was what percent of the original price? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A husband bought a diamond ring for his famous wife for $35,000. Years later, the ring sold at auction for $12,008,400. The auction price was what percent of the original price? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises The 2005 sales (in thousands of dollars) of the top 5 products of a company are given in this table. (a) What percent of the sales of these 5 products was due to product B (to nearest hundredth)? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises The 2005 sales (in thousands of dollars) of the top 5 products of a company are given in this table. (a) What percent of the sales of these 5 products was due to product B (to nearest hundredth)? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises The 2005 sales (in thousands of dollars) of the top 5 products of a company are given in this table. (b) What percent greater were sales of Product B than Product E (to nearest hundredth)? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises The 2005 sales (in thousands of dollars) of the top 5 products of a company are given in this table. (b) What percent greater were sales of Product B than Product E (to nearest hundredth)? 𝑷𝑬𝑹𝑪𝑬𝑵𝑻 𝑵𝑬𝑾 𝒂𝒎𝒕 − 𝑩𝑨𝑺𝑬 𝒂𝒎𝒕 = 𝑪𝑯𝑨𝑵𝑮𝑬 𝑩𝑨𝑺𝑬 𝒂𝒎𝒕 MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A company found that in 2009, downloaded music album sales were 524% of what they were in 2005. If 10.9 million albums were downloaded in 2005, how many were downloaded in 2009 (rounded to one decimal place)? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A company found that in 2009, downloaded music album sales were 524% of what they were in 2005. If 10.9 million albums were downloaded in 2005, how many were downloaded in 2009 (rounded to one decimal place)? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A person earns $25,900 one year and gets a 5% raise in salary. What is the new salary? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A person earns $25,900 one year and gets a 5% raise in salary. What is the new salary? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A mutual fund dropped in value by 30% from last year to this year. If the fund is now worth $10,780, how much was the fund worth last year? MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A mutual fund dropped in value by 30% from last year to this year. If the fund is now worth $10,780, how much was the fund worth last year? PERCENT x BASE = AMOUNT MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A motorcycle manufacturer expects to build 137,000 motorcycles this year, up from 126,000 last year. Find the percent of increase in production (to one decimal place). MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises A motorcycle manufacturer expects to build 137,000 motorcycles this year, up from 126,000 last year. Find the percent of increase in production (to one decimal place). 𝑷𝑬𝑹𝑪𝑬𝑵𝑻 𝑵𝑬𝑾 𝒂𝒎𝒕 − 𝑩𝑨𝑺𝑬 𝒂𝒎𝒕 = 𝑪𝑯𝑨𝑵𝑮𝑬 𝑩𝑨𝑺𝑬 𝒂𝒎𝒕 MATH 110 Sec 8-1: Percent, Taxes & Inflation Practice Exercises Use the table below to calculate the federal income tax due for a taxable income of $320,000.