Percentage - PSAT Math
Card 1 of 700
The Widget Company has annual revenues of $150,000. Their expenses over the same time frame was $75,000. What was the percent profit?
The Widget Company has annual revenues of $150,000. Their expenses over the same time frame was $75,000. What was the percent profit?
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Profit = Revenue – Expense
% Profit = $ Profit ÷ $ Total Revenue
% Profit = ($150,000 – $75,000) ÷ $150,000 = 50%
Profit = Revenue – Expense
% Profit = $ Profit ÷ $ Total Revenue
% Profit = ($150,000 – $75,000) ÷ $150,000 = 50%
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Nicki sold 20 albums at $5 each. How many albums should Minaj sell at $4.50 to earn more than Nicki?
Nicki sold 20 albums at $5 each. How many albums should Minaj sell at $4.50 to earn more than Nicki?
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The answer is 23. 23*$4.50 = $103.50, which is more than what Nicki earned.
The answer is 23. 23*$4.50 = $103.50, which is more than what Nicki earned.
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During Laura and Anna’s bake sale, 35 brownies, 12 cupcakes and 23 glasses of lemonade were sold. These goods cost $44 for the raw ingredients, and they sold for $79. What is the average profit per item?
During Laura and Anna’s bake sale, 35 brownies, 12 cupcakes and 23 glasses of lemonade were sold. These goods cost $44 for the raw ingredients, and they sold for $79. What is the average profit per item?
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Total profit ($35) divided by total items (70) yields the answer of $0.50 profit per item.
Total profit ($35) divided by total items (70) yields the answer of $0.50 profit per item.
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The costs for Lizzie’s party are as follows: $6000 to cater, $1200 for the DJ, $2000 for decorating, and $2200 for the venue rental. Lizze can choose to apply a discount of 10% for the caterer and decorating but is then charged an additional 30% for the DJ and venue. What is the minimum price she will pay?
The costs for Lizzie’s party are as follows: $6000 to cater, $1200 for the DJ, $2000 for decorating, and $2200 for the venue rental. Lizze can choose to apply a discount of 10% for the caterer and decorating but is then charged an additional 30% for the DJ and venue. What is the minimum price she will pay?
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The discounts are not worth the extra cost. The answer is $11,400.
The discounts are not worth the extra cost. The answer is $11,400.
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Find the simplified fraction for 
Find the simplified fraction for
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For any percent 
we can write it as a fraction in the form 
So we can write 
as 
Then we simplify
So our simplified answer is 
For any percent
So we can write
Then we simplify
So our simplified answer is
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You have 2 fair dice that each have 6 faces. On one roll, what's the probability that both dice land on an even number?
You have 2 fair dice that each have 6 faces. On one roll, what's the probability that both dice land on an even number?
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In order to find the probability of rolling two even numbers on 2 dice we need to find the probability of each dice having an even number on the roll and then multiply them together.
The probability of rolling an even number is
because 2, 4, and 6 are even numbers which goes in the numerator and there are 6 total numbers which goes in the denominator. After this we reduce the fraction and get one half. Then we need to muliply this by probability of the second dice having an even number.
In order to find the probability of rolling two even numbers on 2 dice we need to find the probability of each dice having an even number on the roll and then multiply them together.
The probability of rolling an even number is
because 2, 4, and 6 are even numbers which goes in the numerator and there are 6 total numbers which goes in the denominator. After this we reduce the fraction and get one half. Then we need to muliply this by probability of the second dice having an even number.
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What is 15% of a $16.73 bill?
What is 15% of a $16.73 bill?
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We can re write 15% as a fraction and then use proportions to solve.
From here we cross multiply and divide to solve for 
.
We can re write 15% as a fraction and then use proportions to solve.
From here we cross multiply and divide to solve for
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If a test has a total of 
questions and 
of the questions are multiple choice, how many questions are multiple choice?
If a test has a total of
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To solve this problem we set up a ratio. We want to find 
of 
. Therefore, we set up the following ratio:
In the case 
represents the number of questions that are multiple choice. From here we cross multiply and divide.
To solve this problem we set up a ratio. We want to find
In the case
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If there are 3 boys in a class and 7 girls. What percent of the class is made up of boys?
If there are 3 boys in a class and 7 girls. What percent of the class is made up of boys?
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To solve this problem we set up a ratio of part of total. The part is the number of boys in the class and the total is the number of boys and girls in the class.
now to find the percent we can multiply this fraction by 10/10
From here we can see that it is 30%
To solve this problem we set up a ratio of part of total. The part is the number of boys in the class and the total is the number of boys and girls in the class.
now to find the percent we can multiply this fraction by 10/10
From here we can see that it is 30%
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Mr. Glatfelter trains hunting dogs for a price of $4000 per dog. If it costs him $15,000 per month to keep his business open and each dog costs $1000 to train, how many dogs per month must he train to make a profit?
Mr. Glatfelter trains hunting dogs for a price of $4000 per dog. If it costs him $15,000 per month to keep his business open and each dog costs $1000 to train, how many dogs per month must he train to make a profit?
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The answer is 6. 6 hunting dogs gives him a net profit of $3000. If you picked 5, that’s where Glatfelter breaks even (he doesn’t make a profit or a loss).
The answer is 6. 6 hunting dogs gives him a net profit of $3000. If you picked 5, that’s where Glatfelter breaks even (he doesn’t make a profit or a loss).
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Marker Colors Students Blue 13 Pink 10 Orange 5 Brown 5 Green 7
The above chart shows the number of students in a class who chose each of the five marker colors available.
What percentage of the class chose a green marker?
| Marker Colors | Students |
|---|---|
| Blue | 13 |
| Pink | 10 |
| Orange | 5 |
| Brown | 5 |
| Green | 7 |
The above chart shows the number of students in a class who chose each of the five marker colors available.
What percentage of the class chose a green marker?
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To figure out what percentage of the class chose green markers, you must first figure out what fraction of the class chose green markers. Then, you must convert that fraction into a percentage.
Figure out the fraction:
7 students chose green markers
40 students total
Fraction of students who chose green: 
To convert this fraction to a percentage, you must multiply the fraction times 100, then divide the numerator by the denominator. You multiply the fraction times 100 because in order to figure out the percent, you must figure out what the fraction means "for (per) every hundred (cent)".
Multiply times 100
Therefore, the answer is 
.
To figure out what percentage of the class chose green markers, you must first figure out what fraction of the class chose green markers. Then, you must convert that fraction into a percentage.
Figure out the fraction:
7 students chose green markers
40 students total
Fraction of students who chose green:
To convert this fraction to a percentage, you must multiply the fraction times 100, then divide the numerator by the denominator. You multiply the fraction times 100 because in order to figure out the percent, you must figure out what the fraction means "for (per) every hundred (cent)".
Multiply times 100
Therefore, the answer is
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55 and 1/2% of 23 is about what?
55 and 1/2% of 23 is about what?
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55 and 1/2% can be written as a decimal: 0.555. To see what number is about 55.5% of 23, multiply 0.555 by 23. Answer: 12.765 or about 13.
Another route is to say that 55.5% is about half of 23. Half of 23 is 11.5. Since 55.5% is greater than 50%, 13 is the logical choice instead of 11.
55 and 1/2% can be written as a decimal: 0.555. To see what number is about 55.5% of 23, multiply 0.555 by 23. Answer: 12.765 or about 13.
Another route is to say that 55.5% is about half of 23. Half of 23 is 11.5. Since 55.5% is greater than 50%, 13 is the logical choice instead of 11.
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Write as a fraction: 22%
Write as a fraction: 22%
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22% = 22/100
Divide everything by 2:
22/100 = 11/50
11 is a prime number, so this is as reduced as this fraction can get.
22% = 22/100
Divide everything by 2:
22/100 = 11/50
11 is a prime number, so this is as reduced as this fraction can get.
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25% of 64 is equal to 5% of what number?
25% of 64 is equal to 5% of what number?
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25% of 64 is 16 (you can find this with a calculator by 0.25 * 64). Divide 16 by 0.05 (or 1/20) to get the value of the number 16 is 5% of. (Or mental math of 16 * 20)
25% of 64 is 16 (you can find this with a calculator by 0.25 * 64). Divide 16 by 0.05 (or 1/20) to get the value of the number 16 is 5% of. (Or mental math of 16 * 20)
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The cost of manufacturing a single teddy bear is $6.25. A teddy bear company sells 200 bears for $1750. What is the profit percentage per single bear?
The cost of manufacturing a single teddy bear is $6.25. A teddy bear company sells 200 bears for $1750. What is the profit percentage per single bear?
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First we must find out what the price is for one teddy bear, manufactured by this company. Thus we divide 1750 by 200 and find that each bear costs $8.75. To find out the profit per bear, we divide 8.75 by 6.25 to arrive at 1.4. The bears are thus sold for 140% of what it costs to make them, giving a 40% profit.
First we must find out what the price is for one teddy bear, manufactured by this company. Thus we divide 1750 by 200 and find that each bear costs $8.75. To find out the profit per bear, we divide 8.75 by 6.25 to arrive at 1.4. The bears are thus sold for 140% of what it costs to make them, giving a 40% profit.
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A craftsman builds a cabinet. He pays $250 to buy the wood and miscellaneous materials for the cabinet. He spends 20 hours building the cabinet. If he values his time at $40 per hour and expects a profit margin of 50% above labor and materials, how much should he charge for the cabinet?
A craftsman builds a cabinet. He pays $250 to buy the wood and miscellaneous materials for the cabinet. He spends 20 hours building the cabinet. If he values his time at $40 per hour and expects a profit margin of 50% above labor and materials, how much should he charge for the cabinet?
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Total Cost = Material Cost + Labor Cost + Profit
Labor Cost = $40/hour * 20 hours = $800
Profit Margin of 50% = Cost x 0.50 = $1050 x 0.50 = $525
Total Cost = $250 + $800 + $525 = $1575
Total Cost = Material Cost + Labor Cost + Profit
Labor Cost = $40/hour * 20 hours = $800
Profit Margin of 50% = Cost x 0.50 = $1050 x 0.50 = $525
Total Cost = $250 + $800 + $525 = $1575
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Each wooden chair that a carpenter makes requires $20 worth of supplies. He then sells the chairs for $50 each. The carpenter recently discovered a new supplier that would allow him to spend 25% less on supplies. If he doesn't change his selling price, by what percent could the carpenter increase his profit by using the new supplier?
Each wooden chair that a carpenter makes requires $20 worth of supplies. He then sells the chairs for $50 each. The carpenter recently discovered a new supplier that would allow him to spend 25% less on supplies. If he doesn't change his selling price, by what percent could the carpenter increase his profit by using the new supplier?
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Using $20 worth of supplies and selling the chairs for $50 each, the carpenter is originally making a profit of $30 per chair.
The new supplier would reduce costs by 25% or 1/4. One-fourth of $20 is $5, so the new supplier would be $5 less, or $15.
If the selling price is the same ($50), then the carpenter would now make a profit of $35 per chair, a change of $5.
To calculate percent increase, divide the actual change in profit by the original profit amount, and multiply the result by 100%:
(Actual Change ÷ Original Amount) * 100% = 5/30 * 100% = 500%/30 = 16.7%
Using $20 worth of supplies and selling the chairs for $50 each, the carpenter is originally making a profit of $30 per chair.
The new supplier would reduce costs by 25% or 1/4. One-fourth of $20 is $5, so the new supplier would be $5 less, or $15.
If the selling price is the same ($50), then the carpenter would now make a profit of $35 per chair, a change of $5.
To calculate percent increase, divide the actual change in profit by the original profit amount, and multiply the result by 100%:
(Actual Change ÷ Original Amount) * 100% = 5/30 * 100% = 500%/30 = 16.7%
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A sunglasses kiosk at the mall makes a $50 profit for every 6 pairs of sunglasses it sells. How many pairs of sunglasses must it sell to earn $1000 profit?
A sunglasses kiosk at the mall makes a $50 profit for every 6 pairs of sunglasses it sells. How many pairs of sunglasses must it sell to earn $1000 profit?
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Divide the profit per 6 pairs into the total desired profit $1000/$50 = 20.
Multiply 20 by 6 sunglasses = 120 sunglasses. Or use 6/50 = x/1000 and solve for x.
Divide the profit per 6 pairs into the total desired profit $1000/$50 = 20.
Multiply 20 by 6 sunglasses = 120 sunglasses. Or use 6/50 = x/1000 and solve for x.
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Ricky works at a shoe shop, and earns $40 in commission for each pair of shoes he sells plus a $100 weekly salary. If Ricky receives no other money, which of the following expressions represents the total dollar amount Ricky receives for a week in which he sells n shoes?
Ricky works at a shoe shop, and earns $40 in commission for each pair of shoes he sells plus a $100 weekly salary. If Ricky receives no other money, which of the following expressions represents the total dollar amount Ricky receives for a week in which he sells n shoes?
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If Ricky sells n shoes in a week, he earns $40_n_ in commission. His salary is a constant $100 per week, so his total payout is $100 + $40_n._
If Ricky sells n shoes in a week, he earns $40_n_ in commission. His salary is a constant $100 per week, so his total payout is $100 + $40_n._
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An entrepreneur started a company making floggles. The factory requires $1000 worth of fixed expenses to keep it running every month. She is able to produce one floggle at the cost of $4 and sell one floggle at the cost of $6. If she produces and sells 500 floggles in one month, what is her profit?
An entrepreneur started a company making floggles. The factory requires $1000 worth of fixed expenses to keep it running every month. She is able to produce one floggle at the cost of $4 and sell one floggle at the cost of $6. If she produces and sells 500 floggles in one month, what is her profit?
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Profit = Income - Expenditures
Income = $6/floggle times 500 floggles = $3000
Expenditures = $1000 + $4/floggle times 500 floggles = $1000 + $2000 = $3000
Profit = 3000 - 3000 = 0
Profit = Income - Expenditures
Income = $6/floggle times 500 floggles = $3000
Expenditures = $1000 + $4/floggle times 500 floggles = $1000 + $2000 = $3000
Profit = 3000 - 3000 = 0
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