GOZUNTA
Try it now
Problem preview
MF.RN.8 Standard MF-014-A09-V04

Solve discount, markup, tax, tip, and simple interest style percent problems.

Check reasonableness in a percent application

Problem

An account earns \(4\%\) simple interest on \(\$300\) for \(\text{one}~\text{year}\). A student says the interest is \(\$4\) and the final amount is \(\$304\). Is the claim correct? Find the interest and final amount.

Inside Gozunta

Turn the preview into practice.

More than a preview

Gozunta lets you study this problem—and more than 10,000 others.

Create targeted learning sessions, use hints, check your answer, read the walkthrough, watch the video, print the work, and track your progress.

Discover Gozunta Try it now
Four variants of this problem type
Curriculum context
Standard
MF.RN.8
Category
Rational Numbers
Domain
Percents
Objective
Solve discount, markup, tax, tip, and simple interest style percent problems.
Problem type
Check reasonableness in a percent application