Applications of percents

Lessons

1. A vacation package is advertised as $1550. The package is advertised as 30% off. Calculate the new price of the package. Show your reasoning.
2. A clothing store is clearing last season's stock at 45% off. A shirt is selling for $66.00 off the original price. Calculate the original price.
3. Your bill at a restaurant is $22.00 and you want to leave a 15% tip. Calculate the tip.
4. George borrowed $200.00 from a bank for one year at 9% interest. Calculate the total amount George owed at the end of the year.
5. Yan has $450 in a savings account. The interest rate is 7%, compounded annually. How much will he have after 2 years?