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7.13.F Analyze and compare monetary incentives

Quiz by Texas Education Agency

Grade 7
Mathematics
Texas Essential Knowledge and Skills (TEKS)

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Measures 1 skill from
Grade 7
Mathematics
Texas Essential Knowledge and Skills (TEKS)

7.13.F: Personal Financial Literacy

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2 questions
Show answers
  • Q1
    A car dealership offers two types of discounts. • Discount 1: Take 5% off the original price of a car built last year and then receive a $3,500 rebate. • Discount 2: Take 10% off the original price of a car built this year and then receive a $1,250 rebate. A customer is deciding between two cars. • Car R was built last year and has an original price of $25,340. • Car S was built this year and has an original price of $22,860. Based on this information, which statement is true?
    The customer would pay $23,107 for Car R.
    The customer would pay $24,073 for Car R.
    The customer would pay $21,824 for Car S.
    The customer would pay $19,324 for Car S
    60s
    7.13.F: Personal Financial Literacy
  • Q2
    Leo wants to buy some shoes. He found the shoes at three different stores for a price of $35. The stores are each having a sale. • Store X is offering 15% off the price of the shoes. • Store Y is offering $5 off the price of the shoes. • Store Z is offering a discount off the price of the shoes. Which statement about the sale price of these shoes is true?
    Store X has the best sale price of $20.
    Store Y has the best sale price of $30.
    Store Z has the best sale price of $7.
    Store Z has the best sale price of $28.
    60s
    7.13.F: Personal Financial Literacy

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