CFAT CFAT Problem Solving: Percentages and Fractions 2

Question 1

What is 150% of 60?

Accepted Answer

90

Answer

150% of 60 = 1.5 × 60 = 90.

Question 2

Simplify the fraction 18/24.

Accepted Answer

3/4

Answer

The GCD of 18 and 24 is 6, so 18/24 = 3/4.

Question 3

A price increases from $50 to $65. What is the percentage increase?

Accepted Answer

30%

Answer

Increase = $15; percentage = (15 ÷ 50) × 100 = 30%.

Question 4

What is 7/8 × 4/3?

Accepted Answer

7/6

Answer

7 × 4 = 28 and 8 × 3 = 24, giving 28/24, which simplifies to 7/6.

Question 5

45 is what percent of 180?

Accepted Answer

25%

Answer

(45 ÷ 180) × 100 = 0.25 × 100 = 25%.

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