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Questions and Answers

Which of the following is an example of a multistep ratio problem?

Calculating percent increase

Calculating tax (correct)

Calculating percent error

Calculating simple interest

Which of the following is an example of a multistep percent problem?

Calculating tax

Calculating percent increase

Calculating percent error (correct)

Calculating simple interest

Which of the following is an example of a markup and markdown problem?

Calculating percent error

Calculating simple interest

Calculating tax

Calculating percent increase (correct)

What are some examples of multistep ratio problems?

Some examples of multistep ratio problems include calculating the ratio of two different quantities and then using that ratio to solve a problem involving a third quantity. Signup and view all the answers

Give an example of a simple interest problem.

A simple interest problem could involve calculating the amount of interest earned on a certain amount of money deposited in a savings account at a given interest rate for a specific period of time. Signup and view all the answers

Can you provide an example of a percent increase problem?

A percent increase problem could involve calculating the increase in the price of a product after it has been marked up by a certain percentage. Signup and view all the answers