FREE ACSF Numeracy Skills Questions and Answers
If you invest $1,000 at an annual interest rate of 5%, how much interest will you earn in one year?
Correct!
Wrong!
Simple interest is calculated using the formula: Principal × Rate × Time. Here, $1,000 × 0.05 × 1 = $50 in interest for one year.
If a product originally costs $200 and is on sale for 25% off, what is the sale price?
Correct!
Wrong!
To find the sale price, calculate 25% of $200, which is $50, and subtract that from the original price. So, $200 - $50 = $150.
What is the result of 15 × 8?
Correct!
Wrong!
Multiplying 15 by 8 equals 120. This is a basic arithmetic operation involving multiplication.
A graph shows that the number of visitors to a museum increased from 800 in January to 1,200 in February. What was the percentage increase in visitors?
Correct!
Wrong!
To calculate the percentage increase, use the formula: [(New Value - Old Value) / Old Value] × 100. Here, [(1200 - 800) / 800] × 100 = 50% increase.
How many milliliters are in 2.5 liters?
Correct!
Wrong!
There are 1,000 milliliters in a liter. Therefore, 2.5 liters × 1,000 = 2,500 milliliters.