FREE ACSF Numeracy Skills Questions and Answers

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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.

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.

What is the result of 15 × 8?

Correct! Wrong!

Multiplying 15 by 8 equals 120. This is a basic arithmetic operation involving multiplication.