Find the percentage of money values quiz

In this quiz you will learn how to find percentage of money values.

Finding money values involving percentages online math quiz

This exercise entails finding money values involving percentages. It is an interactive online math quiz in which children with solve problems and find answers that match. This game will improve skills for children in 3rd, 4th, 5th, 6th and 7th grades. The benefits of such quizzes is that they improve mental math abilities for kids. They will also improve kid’s ability to solve logic and word problems. Have fun online.

Percentage is a way to express a number as a fraction of 100. It’s often used to show how much of something there is in relation to the whole. In this case, we will be talking about how to find the percentage of money values.

Let’s start with an example. Imagine you have $20 and you want to find out what 10% of that is. To find the percentage of a money value, we can use a simple formula: (money value x percentage) / 100. In this case, the formula would look like this: (20 x 10) / 100 = 2. This means that 10% of $20 is $2.

Another way to find the percentage of a money value is to divide the money value by the percentage, and then multiply the answer by 100. For example, if you want to find out what 20% of $30 is, you would divide $30 by 20, and then multiply the answer by 100.

30 / 20 = 1.5 1.5 x 100 = 150

This means that 20% of $30 is $15.

It’s also possible to find the percentage of money values by using a calculator or by moving the decimal point. For example, if you want to find out what 15% of $25 is, you can move the decimal point one place to the left and multiply the answer by 15.

25 x .15 = 3.75

This means that 15% of $25 is $3.75.

Sometimes, you may also need to find the percentage of money values in order to calculate discounts or sales tax. For example, if a shirt costs $20 and is on sale for 10% off, you can use the percentage formula to find out how much money you will save.

20 x 10 / 100 = 2

This means that the shirt is $2 off, and the sale price would be $18.

In addition, when you are calculating the sales tax on a purchase, you can find the percentage of the money value by multiplying the cost of the purchase by the sales tax rate. For example, if the sales tax rate is 7% and you are buying a shirt for $20, you can calculate the sales tax by using the percentage formula.

20 x 7 / 100 = 1.4

This means that the sales tax on the shirt is $1.4.

In conclusion, knowing how to find the percentage of money values is an important concept for kids to understand, as it can be used in many different situations. By using the simple formula (money value x percentage) / 100 or by moving the decimal point, kids can easily calculate discounts, sales tax, and other money-related problems with confidence. With practice and a clear understanding of percentages, kids will be able to use this skill in their everyday life.