1. If the sales tax rate is 7 % for a pair of shoes that cost 2299.00. How much would you pay?
2. A roll of ribbon costs 65.00. If the sales tax rate is 4 %, What is the total cost for the ribbon including tax?
3. Nathan deposits 30 500 in his savings account. If the bank pays 3.5% interest per year, how much will he received at the end of the year?
4. Mr. Vera borrowed P 150 000 at 4 % interest for 1 year. What was the total amount he paid at the end of the year?
5. Ms. Caluag made a deposit of 10 500 in January. After six months, it earned an interest of P500. What was the rate of interest per annum?
6. Heidy deposits P 8 200 in her savings account. If the bank pays 3% interest per year, how much will she received at the end of the year?
7. Mr. Mercado borrowed P100, 000 at 6 % interest for 1 year. What was the total amount he paid at the end of the year?
8. Cassy made a deposit of P 20, 500 in January. After four months, it earned an interest of P300. What was the rate of interest per annum?
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Answer:
1. If the sales tax rate is 7 % for a pair of shoes that cost 2299.00. How much would you pay?
2. A roll of ribbon costs 65.00. If the sales tax rate is 4 %, What is the total cost for the ribbon including tax?
3. Nathan deposits 30 500 in his savings account. If the bank pays 3.5% interest per year, how much will he received at the end of the year?
4. Mr. Vera borrowed P 150 000 at 4 % interest for 1 year. What was the total amount he paid at the end of the year?
5. Ms. Caluag made a deposit of 10 500 in January. After six months, it earned an interest of P500. What was the rate of interest per annum?
6. Heidy deposits P 8 200 in her savings account. If the bank pays 3% interest per year, how much will she received at the end of the year?
7. Mr. Mercado borrowed P100, 000 at 6 % interest for 1 year. What was the total amount he paid at the end of the year?
8. Cassy made a deposit of P 20, 500 in January. After four months, it earned an interest of P300. What was the rate of interest per annum?
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