Exploring Commission and Simple Interest Concepts
Interactive Video
•
Mathematics
•
6th - 8th Grade
•
Practice Problem
•
Easy
+4
Standards-aligned
Liam Anderson
Used 6+ times
FREE Resource
Standards-aligned
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a commission typically associated with?
Medical professions
Sales jobs
Teaching positions
Government roles
Tags
CCSS.7.EE.B.3
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is commission calculated?
Hourly wages
Fixed salary plus bonuses
Total sales multiplied by a fixed rate
Number of hours worked
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the commission percentage for the telemarketer example?
6%
7%
30.5%
3.5%
Tags
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total salary of the pharmaceutical sales rep including commission?
$80,000
$24,400
$92,000
$116,400
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the 'P' stand for in the simple interest formula I=PRT?
Percentage
Profit
Principal
Payment
Tags
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What should the rate be expressed as in the simple interest formula?
A fraction
A decimal
A percentage
A whole number
Tags
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How much interest is earned from a $400 deposit over three years at a 7% annual rate?
$84
$24
$300
$400
Tags
CCSS.7.RP.A.3
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