Chapter 5 Percent
Chapter 5 Percent
Key Vocabulary
percent (p. 252)
percent equation (p. 279)
percent of change (p. 284)
percent proportion (p. 263)
Real-World Link
Agriculture In 2004, California’s income from
agriculture was $31.8 billion. Of that income, 30% came
from the production of fruits and nuts. You can use
percents to determine the income from fruits and nuts
produced in California.
Percent Make this Foldable to help you organize your notes. Begin with five sheets
of 8_" × 11" paper.
1
2
1 Draw a large circle on one of 2 Stack the sheets of paper. Place
the sheets of paper. the one with the circle on top.
Cut all five sheets in the shape
of a circle.
3 Staple the circles on the left side. 4 Turn the circle to the back side
,ESSON
Write the chapter title on the front 0ERCENT so that the staples are still on the
and the four lesson titles on the left. Write the last four lesson titles
inside right pages. on the front and right pages of
the journal.
Option 2
Take the Online Readiness Quiz at ca.gr7math.com.
Option 1
Take the Quick Check below. Refer to the Quick Review for help.
Main IDEA
Write ratios as percents POPULATION The table shows the Ratio of People Under
and vice versa. State
ratio of people under 18 years of 18 to Total Population
age to the total population for Arkansas 1 out of 4
Standard 7NS1.3
Convert fractions to various states. Hawaii 6 out of 25
decimals and Mississippi 27 out of 100
percents and use these 1. Name two states from the table
representations in that have ratios in which the Utah 8 out of 25
estimations, computations,
and applications.
second numbers are the same. Source: Time Almanac
2. How can you determine which of the four states has the greatest
ratio of people under 18 to total population?
NEW Vocabulary
percent Ratios such as 27 out of 100 or 8 out of 25 can be written as percents.
Real-World Link
_1 = _
20
5 100 1 20
The first law regulating 5 100
the speed of cars was × 20
passed in the state
of New York in 1904. So, 1 out of 5 equals 20%.
It stated that the
maximum speed was _
4 TRAVEL About 1 of travelers use scheduled buses.
10 miles per hour in 200
populated areas and
20 miles per hour in
_1
=_x
the country. 200 100
Source: The World ÷2
Almanac
_
1
=_
0.5
200 100 1 0.5
200 100
÷2
19. PETS Three out of 25 households in the United States have both a dog and a
cat. Write this ratio as a percent.
28. ENERGY Germany uses about 4% of the world’s energy. Write this percent
as a fraction in simplest form.
33. OPEN ENDED Find a percent that is between _ and _. Justify your answer.
1 3
2 4
34. Which One Doesn’t Belong? Identify the ratio that does not belong with the
other three. Explain your reasoning.
2 out of 5 40% 2 : 10 _
10
25
35. 83 *5*/( */ -!4( Refer to the opener for this lesson. Express all of the
(*/
ratios as percents. Explain how doing so helps determine which state has
the greatest portion of its total population under 18.
36. What percent of the circle is shaded? 37. A soccer team played twenty games,
of which they won fourteen. What
percent of the games did they win?
F 30%
G 60%
H 70%
A 10% C 30% J 80%
B 20% D 40%
40. CARS After driving 150 miles, Mr. Ruiz has used 5 gallons of gasoline.
He uses 3 gallons of gas driving another 100 miles. Find the rate of
change in miles per gallon for the given distances. (Lesson 4-9)
41. Write 1.8, 1.07, 1_, and 1_ in order from least to greatest. (Lesson 2-2)
8 1
9 2
Percents and
Decimals To divide
by 100, move the
#/.#%04 3UMMARY Percents and Decimals
decimal point two Percent Decimal Decimal Percent
places to the left.
To write a percent as a decimal, To write a decimal as a percent,
divide by 100 and remove the multiply by 100 and add the
percent symbol. percent symbol.
39% = 39% = 0.39 0.39 = 0.39 = 39%
Percents as Decimals
Write each percent as a decimal.
1 35% 2 115%
35% = 35% Divide by 100. 115% = 115% Divide by 100.
= 0.35 Remove the = 1.15 Remove the
percent symbol. percent symbol.
Fractions as Percents
5 Write _
3
as a percent.
8
So, _
3
=_
37.5
or 37.5%.
8 100
_
6 Write 2 as a percent.
3
Percents
In real-world
_2 = 0.66−6 0.66…
− 3 − 3
2.0
situations, 66.6% will
usually be rounded = 66.6% -1 8
_____
to 67% or 66.7%. 20
-18
____
2
−
So, _
2
= 66.6%.
3
Order Numbers
__
8 Order 30%, 3 , 7 , and 0.33 from least to greatest.
100 20
_3
= 3% _
7
=_
35
or 35% 0.33 = 33%
100 20 100
From least to greatest, the percents are 3%, 30%, 33%, and 35%.
So, from least to greatest, the numbers are _
3
, 30%, 0.33, and _
7
.
100 20
31. PETS If 0.21 of adults own a cat, what percent of adults own a cat?
32. SURVEYS In a survey, 0.312 of teens said that their favorite sport was soccer
or basketball. What percent of the teens chose soccer or basketball as their
favorite sport?
41. TIME Research shows that _ of Americans set their clocks five minutes
8
25
ahead to keep from being late. What percent of Americans set their clocks
five minutes ahead?
42. FOOD About _ of Americans prefer cold pizza over hot pizza.
3
20
What percent of Americans prefer cold pizza?
SELECT A FORM For Exercises 59 and 60, use the following information.
Lisa ate _
1
of the cookies, gave 0.25 to her friend Kaitlyn, and gave 37.5% to her
8
%842!02!#4)#% sister. To solve each problem below, select the form of number (fraction,
See pages 688, 712. decimal, or percent) that would be easiest to use. Explain your reasoning. Then
use that form to solve the problem.
Self-Check Quiz at 59. Did Lisa eat more cookies than she gave to Kaitlyn?
ca.gr7math.com
60. Who was given more cookies, Kaitlyn or Lisa’s sister?
H.O.T. Problems 61. FIND THE ERROR Kristin and Neva are changing 0.7 to a percent. Who is
correct? Explain your reasoning.
0. 7 = 7% 0. 7 = 70%
Kristin Neva
Order the integers in each set from least to greatest. (Lesson 1-3)
74. {-12, 5, -5, 13, -1} 75. {42, -56, -13, 101, 13} 76. {64, -58, -65, 57, -61}
77. _5 = _
x
78. _
a
=_
2
79. _2 = _5 80. _3 = _
10
6 24 12 15 7 t n 8
4. 83 *5*/( */ -!4( Write three statements comparing the data in the
(*/
table. One comparison should be a difference, one should be a ratio,
and one should be a percent.
Proportion
part _
94
= _
89
⎫
⎬ percent
whole w 100 ⎭
_
94
=_
89
Write the percent proportion.
Real-World Link
1w 100
The members of the 94 · 100 = w · 89 Find the cross products.
Lewis and Clark
Expedition spent the 9,400 = 89w Multiply.
winter of 1805–1806 9,400
in Oregon. _ =_
89w
Divide each side by 89.
Source: Kids Discover
89 89
105.6 ≈ w Simplify.
The Lewis and Clark Expedition spent 106 days in Oregon.
Example 5 9. ANIMALS A tiger can eat food that weighs up to about 15% of its body
(p. 265) weight. If a tiger can eat 75 pounds of food, how much does a tiger weigh?
(/-%7/2+ (%,0 Write a percent proportion and solve each problem. Round to the nearest
tenth if necessary.
For See
Exercises Examples 10. 3 is what percent of 15? 11. 120 is what percent of 360?
10, 11 1 12. What is 15% of 60? 13. What is 17% of 350?
12, 13 2
14. 18 is 45% of what number? 15. 95 is 95% of what number?
14, 15 3
16, 17 4 16. 15.12 is what percent of 12? 17. Find 250% of 57.
18, 19 5
18. BRACES In a recent survey, 34% of kids said they will get dental braces.
If nearly 28,800 kids were surveyed, about how many will get braces?
19. PETS There are about 68 million owned dogs in the United States. Of these,
13.6 million were adopted from an animal shelter. About what percent of
owned dogs were adopted from an animal shelter?
Write a percent proportion to solve each problem. Then solve. Round to the
nearest tenth if necessary.
20. What is 2.5% of 95? 21. 4 is what percent of 550?
22. 98 is 22.5% of what number? 23. Find 5.8% of 42.
24. What percent of 110 is 1? 25. 57 is 13.5% of what number?
30. 83 *5*/( */ -!4( Roberto made 56% of his free throws in the first half
(*/
of the basketball season. If he makes 7 shots out of the next 13 attempts,
will it help or hurt his average? Explain your reasoning.
31. A baseball stadium manager expects 32. A pattern of equations is shown below.
that 60% of the fans at a game will buy
at least $3.00 in concessions. If there 1% of 100 = 1
are 5,600 fans at a game, which 2% of 50 = 1
4% of 25 = 1
statement does not represent the
8% of 12.5 = 1
manager’s expectation?
16% of 6.25 = 1
A 3,360 fans each will buy at least
$3.00 in concessions. Which statement best describes this
B 2,240 fans each will buy fewer than pattern?
$3.00 in concessions. F If the percent is doubled and the
C More than _
1
of the fans each will whole is doubled, the answer is 1.
2
buy at least $3.00 in concessions. G If the percent is doubled and the
whole is halved, the answer is 1.
D Less than _
2
of the fans each will
5 H If the percent is increased by 2 and
buy fewer than $3.00 in the whole is halved, the answer is 1.
concessions.
J If the percent remains the same and
the whole is halved, the answer is 1.
33. Order the set of numbers _, 16%, and 0.016 from least to greatest. (Lesson 5-2)
1
6
34. LUNCH Forty-eight percent of first period class buys a school lunch. Write
this percent as a fraction in simplest form. (Lesson 5-1)
10 in.
Main IDEA
Compute mentally with SCHOOL The table lists
percents. the enrollment at Roosevelt
Middle School by grade level.
Standard 7NS1.3
Convert fractions to 1. 50% of the eighth-grade class
decimals and
percents and use these are girls. How could you find
representations in 50% of 104 mentally?
estimations, computations,
and applications. 2. Use mental math to find
the number of girls in the
eighth-grade class.
Roosevelt Middle School Enrollment
3. 25% of the sixth-grade class
Grade Level Number of Students
play basketball. Use mental
Sixth 84
math to find the number of
Seventh 93
students in the sixth grade
who play basketball. Eighth 104
When you compute with common percents like 50% or 25%, it may be
easier to use the fraction form of the percent. This number line shows
some fraction-percent equivalents.
0% 12.5% 25% 37.5% 50% 62.5% 75% 87.5% 100%
1 1 3 1 5 3 7
0 1
8 4 8 2 8 4 8
25% = _ 20% = _ _2 _1 _1 _1 _
1 1 1
16 % = 12 % = 10% =
4 5 3 6 2 8 10
Percents and
Fractions Some 50% = _1 40% = _2 _1
33 % = _1 _1
37 % = _3 30% = _
3
percents are used 2 5 3 3 2 8 10
more frequently than
others. So, it is a 75% = _3 60% = _3 _2
66 % = _2 _1
62 % = _5 70% = _
7
good idea to be 4 5 3 3 2 8 10
familiar with these
percents and their 100% = 1 80% = _4 _1
83 % = _5 _1
87 % = _7 90% = _
9
equivalent fractions. 5 3 6 2 8 10
Compute mentally.
b. 12_% of 160
1
a. 25% of 32 c. 80% of 45
2
You can also use decimals to find percents mentally. Remember that
10% = 0.1 and 1% = 0.01.
g. TIPPING Alan and his brother ate lunch at the local café. They left a
tip that was 20% of the bill. If the bill was $15.50, how much did
Alan and his brother leave for the tip?
Personal Tutor at ca.gr7math.com
24. PEOPLE The average person has about 100,000 hairs on his or her head.
However, people with red hair average only 90% of this number. What is
the average number of hairs on the head of a person with red hair?
25. TRAVEL About 10% of travel trips in the United States include a visit to an
amusement park. If there were 920 million travel trips in the United States,
how many of those included a visit to an amusement park?
33. OPEN ENDED Suppose you wish to find 33_% of x. List two values of x for
1
3
which you could do the computation mentally. Explain your reasoning.
34. FIND THE ERROR Candace and Pablo are finding 10% of 95. Who is correct?
Justify your choice.
10% of 95 = 0.95
10% of 95 = 9.5
Candace Pablo
36. Allison, Raul, and Theo drove from 37. Etu bought the items listed below.
Austin, Texas, to Los Angeles, How much money did he save if each
California, a distance of 1,224 miles. item was 20% off the regular price?
Allison drove _
1
of the total distance, Item Regular Price ($)
3
Raul drove 40%, and Theo drove the Shirt 19
remainder. How many miles were Ties 9
driven by the person who drove the Belt 8
greatest distance? Shoes 29
38. FOOTBALL Eleven of the 48 members of the football team are on the field.
What percent of the team members are on the field? (Lesson 5-3)
39. _
9
40. _7 41. _
3
42. _2
20 8 500 9
43. MEASUREMENT A snail travels one mile in about 30 hours. At this rate,
how far can a snail travel in 1 day? (Lesson 2-4)
PREREQUISITE SKILL Draw the next three figures in the pattern. (Lesson 2-8)
44.
▲
Carla: Because I work at the Jean Shack,
I can buy a $50 jacket there for 60% of
its price.
EXPLORE You know the cost of the jacket. Carla can buy the jacket for 60% of the price. You
want to know if the jacket will cost more or less than $25.
PLAN Use mental math to determine a reasonable answer.
SOLVE
THINK _
25
= _ or 50%
1
50 2
Since Carla will pay 60% of the cost, she will have to pay more than $25.
CHECK Find 60% of $50.
60% of 50 = _3 of 50
5
Since _ of 50 is 10, _ of 50 is 3 × 10 or 30.
1 3
5 5
Carla will pay $30, which is more than $25.
G STRATEGIES
PROBLEM-SOLVIN
• Use the four-s
tep plan.
• Work backward
.
• Look for a pa tte rn. For Exercises 12 and 13, select the appropriate
operation(s) to solve the problem. Justify your
selection(s) and solve the problem.
6. BAKING Desiree spilled 1_ cups of sugar,
1 12. MEASUREMENT Juanita is designing isosceles
2 triangles for a mosaic. The sides of the larger
which she discarded. She then used half of
the remaining sugar to make cookies. If she triangle are 1_
1
times larger than the sides of
2
had 4_
1
cups left, how much sugar did she the triangle shown. Find the perimeter of
2
have initially? the larger triangle.
1×1 =1
6.5 cm
11 × 11 = 121
111 × 111 = 12,321 13. MEASUREMENT The entrance of a new
convention center will need 2.3 × 10 5 square
1111 × 1111 = 1,234,321 feet of ceramic tile. The tiles measure 2 feet
by 2 feet and are sold in boxes of 24. How
Without doing the multiplication, find many boxes of tiles are needed to tile the
1111111 × 1111111. entrance?
Write each ratio or fraction as a percent. Write a percent proportion to solve each
(Lesson 5-1) problem. Then solve. Round to the nearest
1. 3 out of 16 2. 8 : 10 tenth if necessary. (Lesson 5-3)
_
13 _
7 12. 63 is what percent of 84?
3. 4.
25 20
13. Find 41% of 700.
-V
-ii«} Î
Îί £ä 22. FOOD In one month, the Schaffer family
spent $121.59, $168.54, $98.67, and $141.78
7À -ÌÕ`Þ} on groceries. If their grocery budget is $500
"Ì iÀ £Ç¯ Ó
Î Óx
per month, did they stay within their
Óx budget? Explain. (Lesson 5-5)
NEW Vocabulary 2. Round the percent of Earth that is land to the nearest ten percent.
compatible numbers 3. Use mental math to estimate the area of the land on Earth.
2 25% of 41
25% is _
1
, and 41 is about 40. _1 and 40 are compatible numbers.
4 4
_1 of 40 is 10. So, 25% of 41 is about 10.
4
Estimate Percents
Estimate each percent.
5 8 out of 25
_
8
≈_
8
or _
1
25 is close to 24.
25 24 3
_1 = 33_1 %
3 3
So, 8 out of 25 is about 33_
1
%.
3
6 14 out of 25
Estimation When
_
14
≈_
15
or _
3
14 is close to 15.
estimating, estimate 25 25 5
so that you change _3 = 60%
the ratio the least. 5
So, 14 out of 25 is about 60%.
7 89 out of 121
_
89
≈_
90
or _
3
89 is close to 90, and 121 is close to 120.
121 120 4
_ = 75%
3
4
So, 89 out of 121 is about 75%.
25. SPORTS A place kicker made 73% of his field goal attempts last season. If he
had 46 attempts, estimate the number of field goals that he made.
34. 83 *5*/( */ -!4( Explain how you could use fractions and compatible
(*/
numbers to estimate 26% of $98.98.
35. Rick took his father to dinner for 36. There are 150 students who participate
his birthday. When the bill came, in athletics at Southland High School.
Rick’s father reminded him that it is If there are 325 total students, about
customary to tip the server 15% of the what part of the student body
bill. If the bill was $19.60 and Rick participates in athletics?
estimated the tip to be $3, which of the F 40%
following shows his method of
G 45%
estimation?
H 50%
A 15% of $19.60 ≈ 15% of $15.
J 55%
B 15% of $19.60 ≈ 10% of $20.
C 15% of $19.60 ≈ 20% of $20.
D 15% of $19.60 ≈ 15% of $20.
37. LIFE EXPECTANCY The average life expectancy in the United States is about
77 years of age. In 1901, the average life expectancy was about 63% of this
number. Would 30, 48, or 60 years of age be a reasonable life expectancy
for the year 1901? Explain. (Lesson 5-5)
38. BUSES Of the 840 students at Moyer Middle School, 75% ride the bus. Use
mental math to find the number of students who ride the bus. (Lesson 5-4)
39. SEATING A teacher would like to make a square seating chart. If there are
25 students in the class, how many students should be in each row?
(Lesson 3-1)
The percent is 6. The whole is 525. You need to find the part.
Let p represent the part.
part = percent · whole
p = 0.06 · 525 Write the percent equation. Note that the percent
has been written as a decimal.
p = 31.5 Multiply.
Check for Reasonableness 31.5 ≈ 30 ✓
The part is 65. The percent is 52. You need to find the whole.
Let w represent the whole.
part = percent · whole
Example 4 7. PROFIT A dealership sets car prices so that there is a 40% profit. If the
(p. 281) dealership paid $5,300 for a car, for how much should they sell the car?
20. CLOTHING A sweater costs $45. If a 6.5% sales tax is added, what is the total
cost of the sweater?
21. FUEL MILEAGE A car can travel 32 miles per gallon of gasoline. When the
tires are under-inflated, the car gets 15% fewer miles per gallon. What is the
fuel mileage of the car with under-inflated tires?
22. REAL ESTATE A commission is a fee paid to a salesperson based on a percent
of sales. Suppose a real estate agent earns a 3% commission. How much
commission would be earned on the sale of a $150,000 house?
23. BASKETBALL In a recent National Basketball Association season, LeBron
James made about 47.18% of his field-goal attempts. If he made 386 field
goals, about how many attempts did he make?
24. MUSEUMS Which museum uses the greater percent of its area for exhibits?
%842!02!#4)#%
See pages 690, 712.
28. CHALLENGE Mrs. McGary budgeted a certain amount of money for new
shoes. Before she could buy them, there was a 20% increase in price. She
waited for a month, and the store discounted the shoes 20%. She bought
the shoes, thinking that they would cost less than the original price. Was
she correct? Explain your reasoning.
29. 83 *5*/( */ -!4( Explain, using an example, how a 5% discount plus
(*/
5% sales tax on an item does not result in the original price of the item.
GEOMETRY Find the distance between each pair of points. Round to the nearest tenth, if
necessary. (Lesson 3-7)
37. S(2, 3), T(0, 6) 38. E(-1, 1), F(3, -2) 39. W(4, -6), V(-3, -5)
40. WEATHER Ruben read that the low temperature for the day was expected to be -5°F
and the high temperature was expected to be 8°F. What was the difference in the
expected high and low temperatures? (Lesson 1-5)
44. ⎪17 - 24⎥ 45. ⎪340 - 253⎥ 46. ⎪531 - 487⎥ 47. ⎪352 - 581⎥
Main IDEA
Find and use the percent MONEY MATTERS Over the years, some prices increase. Study the
of increase or decrease. change in gasoline prices from 1930 to 1960.
Standard Price of a Gallon of Gasoline
7NS1.6 Calculate
the percentage of Year Price (¢)
increases and decreases 1930 10
of a quantity.
Standard 7NS1.7 1940 15
Solve problems that involve 1950 20
discounts, markups,
commissions, and profit and 1960 25
compute simple and Source: Senior Living
compound interest.
5. MAKE A CONJECTURE Why are the amounts of increase the same but
the percents different?
The percent that an amount changes from its original amount is called
the percent of change.
=_
5 The amount of change is 5.
25 The original amount is 25.
= 0.2 Divide.
Step 3 The decimal 0.2 written as a percent is 20%. So, the percent
of change is 20%.
2 COMIC BOOKS Consuela had 20 comic books. She gave some to her
friend. Now she has 13 comic books. Find the percent of change.
State whether the percent of change is an increase or a decrease.
Step 1 The amount of change is 20 - 13 or 7.
amount of change
percent of = __ Definition of
Step 2
change original amount percent of change
=_
7 The amount of change is 7.
20 The original amount is 20.
= 0.35 Divide.
Real-World Link
In 1940, the average
comic book sold for Step 3 The decimal 0.35 written as a percent is 35%. So, the
$0.10, but today it is percent of change is 35%.
worth more than $700.
That’s a 6,999% The new amount is less than the original. It is a percent of decrease.
increase in value!
Source: antiqueweb.com
Find the selling price for each item given the percent of markup.
e. digital camera: $120, f. sunglasses: $7,
55% markup 30% markup
Examples 1–2 Find each percent of change. Round to the nearest tenth if necessary. State
(p. 285) whether the percent of change is an increase or a decrease.
1. original: $40 2. original: 25 CDs 3. original: 325 miles
new: $32 new: 32 CDs new: 400 miles
Example 3 Find the selling price for each item given the percent of markup.
(p. 286)
4. roller blades: $60, 35% markup 5. coat: $87, 33% markup
Example 4 6. BICYCLES Find the sale price of a bicycle that is regularly $140 and is on sale
(p. 287) for 40% off the original price.
14. STOCK Patrice invested $300 into a particular stock. The amount doubled
within a few weeks. Find the percent of increase.
Find the selling price for each item given the cost to the store and the
markup.
15. computer: $700, 30% markup 16. CD player: $120, 20% markup
17. jeans: $25, 45% markup 18. baseball cap: $12, 48% markup
23. INTERNET An Internet service provider offers connection speed that is 35%
faster than dial-up. If it takes Brad 8 seconds to connect to the Internet
using dial-up, how long would it take using this provider?
24. ANIMALS At birth, a giraffe was 62 inches tall and grew at the highly
unusual rate of 0.5 inch per hour. By what percent did the height of the
giraffe increase in the first 24 hours?
25. FIND THE DATA Refer to the California Data File on pages 16–19.
Choose some data and write a real-world problem in which you
would need to find the percent of change.
26. BUSINESS The table gives the price of milk for Price of a Gallon of Milk
various years. During which ten-year period Year Price ($)
did the price of milk have the greatest percent
1970 1.23
of increase?
1980 1.60
%842!02!#4)#% 1990 2.15
27. ALGEBRA Students receive a 20% discount
See pages 690, 712. off the price of an adult ticket at the theater. 2000 2.78
If a student ticket is $6.80, find the price of Source: Senior Living
Self-Check Quiz at an adult ticket. (Hint: Let p represent the
ca.gr7math.com
part and p + 6.80 represent the whole.)
29. FIND THE ERROR Jared and Sidney are solving the following problem:
The price of a school play ticket rose from $5.75 to $6.25. What is the percent of
increase for the price of a ticket? Who is correct? Explain your reasoning.
percent 0.50
of change = 5.75
_
= 0.087 or 8.7%
percent _
0.50
of change = 6.25
= 0.08 or 8%
Jared Sidney
30. 83 *5*/( */ -!4( Write and solve a real-world problem involving a 25%
(*/
increase or decrease in some quantity.
31. A television originally cost $1,250. 32. Grace and her two brothers shared the
Samuel bought it at 30% off. How cost of a new video game system
much was deducted from the original equally. The original price of the
amount? system was $179. They received a 15%
A $875 discount off the original price and paid
7.5% sales tax on the discounted price.
B $675
Find the approximate amount that
C $425 each paid for the video game system.
D $375 F $51 H $60
G $55 J $66
33. TAXES An average of 40% of the cost of gasoline goes to state and federal
taxes. If gasoline sells for $2.15 per gallon, how much goes to taxes? (Lesson 5-7)
Main IDEA
Solve problems involving COLLEGE SAVINGS
simple interest.
Rates for Investments
Hector received $1,000
from his grandparents. 5
Standard 4.5 4.45%
7NS1.7 Solve He plans to save it for
4
problems that college expenses. The 3.25%
Rate as a Percent
3.5
involve discounts, markups,
commissions, and profit and
graph shows rates for 3 2.5%
compute simple and various investments 2.5
compound interest. for one year. 2
1.5
1. If Hector puts his 1
NEW Vocabulary
money in a savings 0.5
interest account, he will 0
principal
receive 2.5% of $1,000 Savings Money Certificate of
Market Deposit (CD)
in interest for one
Type of Investment
year. Find the interest
Hector will receive.
2. Compare the interest Hector can receive in one year from a money
market and from a certificate of deposit.
Interest is the amount of money paid or earned for the use of money.
For a savings account, you earn interest from the bank. For a credit card,
you pay interest to the bank. To solve problems involving simple
interest, use the following formula.
Interest is the amount of The annual interest rate is
money paid or earned. expressed as a decimal.
I = prt
The principal is the amount of The time is written in years.
money invested or borrowed.
Example 2 Find the total amount in each account to the nearest cent.
(p. 291)
3. $660 at 5.25% for 2 years 4. $385 at 12.6% for 9 months
15. INVESTMENTS Over the summer, Booker earned $1,200, which he invested
in stocks that increased in value to $1,335 in only 9 months. Find the simple
interest rate for the investment.
16. HOUSING The prices of a ranch in Levittown, Year Price ($)
New York, are given at the right. Determine the 1947 9,500
simple interest rate for the investment of a
2007 280,000
ranch in Levittown from 1947 to 2007.
17. CARS Felicia took out a 5-year loan for $15,000 to buy a car. If the simple
interest rate was 11%, how much total will she pay including interest?
Find the simple interest to the nearest cent.
18. $1,000 at 7_% for 30 months 19 $5,200 at 13_% for 1_ years
1 1 1
2 5 2
20. CREDIT CARDS The balance on a credit card was $500. Mr. Cook paid the
minimum monthly payment of $25. The remaining balance was charged
a simple interest rate of 18%. If no additional purchases were made, what
%842!02!#4)#% was the balance the next month?
See pages 691, 712.
21. HOUSING The Turners need to borrow $100,000 to purchase a home. The
credit union is offering a 30-year mortgage loan at 5.38% interest while the
Self-Check Quiz at community bank has a 25-year mortgage loan at 6.12% interest. Assuming
ca.gr7math.com
simple interest, which loan will result in less total interest?
23. OPEN ENDED Give a principal and interest rate where the amount of simple
interest earned in two years would be $50. Justify your answer.
24. 83 *5*/( */ -!4( Explain what each variable in the simple interest
(*/
formula represents.
25. Mr. and Mrs. Owens placed $1,500 in a 26. Dave borrowed $4,000 at 9% simple
college savings account with a simple interest for one year. He made no
interest rate of 4% when Lauren was payments during that year. How
born. How much will be in the account much interest is owed at the end of
in 18 years when Lauren is ready to go the year?
to college? Assume no more deposits F $90
or withdrawals were made.
G $180
A $1,080
H $270
B $2,580
J $360
C $10,800
D $12,300
27. SALES What is the sale price of a $200 cell phone on sale at 10% off the
regular price? (Lesson 5-8)
30. HEALTH Shashawn’s heart beats 18 times in 15 seconds. Write and solve a
proportion to determine how many times her heart beats in 1 minute or
60 seconds. (Lesson 4-3)
31. Express 0.000084 in scientific notation. (Lesson 2-10)
EXERCISES
1. Use a spreadsheet to find the value of a savings account if $2,000 is
invested for four years at 8% interest compounded quarterly.
2. Suppose you leave $1,000 in each of three bank accounts paying 6%
interest per year. One account pays simple interest, one pays interest
compounded semiannually, and one pays interest compounded
quarterly. Use a spreadsheet to find the amount of money in each
account after three years.
3. MAKE A CONJECTURE How does the amount of interest change if the
compounding occurs more frequently? Explain your reasoning.
Study Guide
5 and Review
Download Vocabulary
Review from ca.gr7math.com
Key Vocabulary
compatible numbers percent of change (p. 284)
Be sure the following (p. 275) percent of decrease (p. 285)
Key Concepts are noted 0ERCENT
compound interest (p. 294) percent equation (p. 279)
in your Foldable.
discount (p. 286) percent of increase (p. 285)
interest (p. 290) percent proportion (p. 263)
Key Concepts markup (p. 286) principal (p. 290)
Percent (Lessons 5-1 and 5-2) percent (p. 252) selling price (p. 286)
• A percent is a ratio that compares a number
to 100.
• To write a percent as a decimal, divide by 100
and remove the percent symbol.
• To write a decimal as a percent, multiply by 100 Vocabulary Check
and add the percent symbol.
Choose the correct term or numbers to
complete each sentence.
Percent Proportion (Lesson 5-3)
• A percent proportion is _
part
= percent, where 1. A (proportion, percent) is a ratio that
whole compares a number to 100.
the percent is written as a fraction.
2. (Percents, Compatible numbers) are
Percent–Fraction Equivalents numbers that are easy to divide mentally.
25% = _ 50% = _ 75% = _
1 1 3
100% = 1 3. A (markup, discount) is an increase in
4 2 4
Lesson-by-Lesson Review
5-1 Ratios and Percents (pp. 252–255)
Write each fraction as a percent. 0.04 = 0.04 Multiply by 100 and add the
_
3 _
24 _1 = 4% percent symbol.
22. 23. 24.
40 25 6
Example 5 _
Write 9 as a percent.
25
25. CELL PHONES Adam used _ of his total
7
8
_
9
= 0.36 Write as a decimal.
25
monthly minutes while Andrea used
= 36% Change the decimal to percent.
88%. Which friend used the greater
part of his or her minutes?
Write a percent proportion and solve each Example 6 18 is what percent of 27?
problem. Round to the nearest tenth if The whole is 27, and the part is 18. Let n
necessary. represent the percent.
26. 15 is 30% of what number? _
18
= _
n
Percent proportion
27 100
27. Find 45% of 18.
18 · 100 = 27 · n Find the cross products.
28. 75 is what percent of 250?
1,800 = 27n Multiply.
29. SCHOOL A band charges $3,000 and _
1,800
= _
27n
Divide each side by 27.
requires a 20% deposit to play at a 27 27
school. How much money does the 66.7 ≈ n Simplify.
school need for the deposit? So, 18 is 66.7% of 27.
Solve each problem using the percent Example 10 70 is 25% of what number?
equation. The part is 70, and the percent is 25. You
42. What is 66% of 7,000? need to find the whole. Let n represent
43. Find 15% of 82. the whole.
44. 25 is what percent of 125?
70 = 0.25n Write the percent equation.
_
70
=_
0.25n
Divide each side by 0.25.
45. MOVIES India produces an average of 0.25 0.25
1,000 movies each year. The United 280 = n Simplify.
States averages 63.3% of this amount.
So, 70 is 25% of 280.
On average, how many movies are
produced in the United States yearly?
Find each percent of change. Round to Example 11 Find the percent of change
the nearest tenth if necessary. State if the original amount is 900 and the new
whether the percent of change is an amount is 725. Round to the nearest
increase or a decrease. tenth.
46. original: 10 47. original: 8 The amount of change is 900 - 725 or 175.
new: 15 new: 10 amount of change
percent of change = __
48. original: 37.5 49. original: 18 original amount
new: 30 new: 12 =_
175
900
50. HOBBIES Mariah collects comic books. ≈ 0.194 or 19.4%
Last year she had 50 comic books. If
she now has 74 comic books, what is
the percent of increase?
Find the simple interest to the nearest Example 12 Find the simple interest
cent. for $250 invested at 5.5% for 2 years.
51. $100 at 8.5% for 2 years I = prt Simple interest formula
52. $350 at 5% for 3 years I = 250 · 0.055 · 2 Write 5.5% as 0.055.
Practice Test
5
Write each ratio or fraction as a decimal and as 16. TAXES Sandra estimated that about 35% of
a percent. her $420 paycheck was deducted for taxes
3. _
4 and insurance. Did about $100, $150, or $200
1. 74 per 100 2. 3:50
22 get deducted from her pay?
4. FIELD TRIPS Seventeen students brought
Write a percent proportion and solve each
their permission slips to go to the zoo. If
problem. Round to the nearest tenth.
there are 18 students in the class, what
percent of the class brought their permission 17. What is 2% of 3,600?
slip? Round to the nearest tenth. 18. 62 is 90% of what number?
If the total area of the figure is 12 square 25. STANDARDS PRACTICE Kevin invested
feet, which statement is true? $125 into a savings account that earns
A The shaded area is more than 75% of the 5.2% simple interest annually. If he does not
area of the figure. deposit or withdraw any money for 18
B The unshaded area is _2
of the area of the months, which statement is not supported
3
figure. by this information?
C The shaded area is 6 square feet. F The interest earned will be $117.
D The unshaded area is 4 square feet. G The interest earned will be $9.75.
H The total amount will be $134.75.
Estimate. J The interest earned in this time will be
14. 23% of 16 15. 9% of 81 greater than 5.2% of the principal.
Read each question. Then fill in the 5 Jeanne’s grandfather gave her money for her
correct answer on the answer birthday. She bought 4 CDs at $12.99 each
document provided by your teacher and a sweater for $25.99. Then she spent
or on a sheet of paper. $2.70 on an ice cream cone. She had $4.35
left over. Which expression can be used to
1 If a pair of inline skates is on sale for 35% off
find how much money Jeanne received from
the regular price of $120, what is the sale
her grandfather?
price of the skates?
A 4(12.99 + 25.99 + 2.70 + 4.35)
A $48
B 12.99 + 25.99 + 2.70 + 4.35
B $78
C 4(12.99) + 25.99 + 2.70 + 4.35
C $94
D 4(12.99) + 4(25.99) + 4(2.70) + 4(4.35)
D $140
6 Find the height, in feet, of the skateboarding
ramp shown below.
2 Alan is buying a television that is regularly
priced at $149.99. It is on sale for _
1
off the
5
original price. Which expression can he use FT
to estimate the discount on the television?
F 0.02 × $150
G 0.05 × $150
H 0.2 × $150 FT
J 0.5 × $150 F 10 ft H 25 ft
G 22 ft J 34 ft
3 Andrew purchased a coat for $67.20 that
regularly sells for $84.00. What was the 7 Rosa can read about 21 pages in about
percent discount that Andrew received? 20 minutes. If she continues to read at this
A 16.8% C 25% rate, about how many pages can she read in
4 hours?
B 20% D 80%
A 220 C 240
B 230 D 250
8 Eliza purchased a dress off the clearance
Question 3 To find the percent of rack. The original cost for the dress was $35.
discount, you can use the proportion
percent discount amount of discount The dress had been marked down 50%, but
___ = ____.
100% regular price the sign on the rack said to take an
additional 20% off the discounted price.
What was the final sale price Eliza paid for
4 Find -17 - (5). the dress?
F -22 H 22 F $3.50 H $14.00
G -12 J 85 G $10.50 J $17.50
9 Adrian swam 75 meters in 45 seconds, 12 The widths of a race track are shown below.
and Carlos swam 125 meters in 75 seconds. What is the percent of increase in the track
Based on these rates, which statement is width from the straightaway to the turn?
true?
Part of Track Width (feet)
A Adrian’s average speed was 2 meters per straightaway 50
second faster than Carlos’ average speed. turn 60
B Carlos’ average speed was equal to
F 8.3% H 16.7%
Adrian’s average speed.
G 10% J 20%
C Carlos’ average speed was 2 meters per
second faster than Adrian’s average
speed. 13 If m = 7 and n = 4, then 3(2m – 3n) =