FortyMinute Test: Percentage II
At the end of the Krampner & Grady text, multiple "Forty Minute Tests" are found. The rules: "Read the example carefully. Note what is required. Check all work to test the correctness of your answers."
[Without Pencil]
 24+32, 2, ÷9, x12, 2, ÷7, x ½ = ?
 What is the interest on %600 for 2 yr. at 2 ½ %?
 An agent sold 80 desks at $10 each and charged 3% commission. How much did he receive for his work?
 If the list price of a piano was $400 and the discount was 5%, what was the net price?
 If gas cost 80¢ per 1000 cu. ft. and 2500 cu. ft. were used, what was the amount of the bill?
[With pencil]
 Simplify: (1 7/8 x 9 1/3)/(3/5 x 1 5/6).
 If 150 yd. of dress goods were bought @ $1.75 and sold at an average profit of 40%, how much was gained by the transaction?
 Mr. Jones sent his agent 200 bbl. of apples, 300 bbl. of potatoes, and 250 bbl. of cabbages. The agent sold the apples @ $2.75, the potatoes @ $1.50, and the cabbages @ $.85.
(a) Find the agent's commission at 5%.
(b) Find how much Mr. Jones received.
 Find the next cost of 120 bbl. of flour @ $9.75, less discounts of 5% and 5%.
 I lent $800 to Mr. F. on Aug. 15, 1919. The debt was paid with interest at 6% on July 9, 1920. What amount did I receive?
Solution:
Source: Krampner & Grady's Arithmetic by Grades7, 1921, p. 190.
