# Money + multiplication - examples

Money or finance are an essential medium of exchange, a unit of account and store of value in modern society. Mathematical examples helps to get basic financial literacy.

1. Associative law multiplication
In a warehouse, you obtain a 20% discount but you must pay a 15% sales tax. Which would you prefer to have calculated first: : discount or tax? Explain. (result write as: 1 = first discount, 2 = first tax, 3 = no matter what first)
2. Chocolate
Ricky bought 9 same chocolates for 9 Eur. How many euros he pay for 26 chocolates?
3. Bonus
Gross wage was 527 EUR including 16% bonus. How many EUR were bonuses?
4. Coffee
In stock are three kinds of branded coffee prices: I. kind......248 Kč/kg II. kind......134 Kč/kg III. kind.....270 Kč/kg Mixing these three species in the ratio 10:7:7 create a mixture. What will be the price of 1100 grams of this mixture?
5. Store
One meter of the textile were discounted by 2 USD. Now 9 m of textile cost as before 8 m. Calculate the old and new price of 1 m of the textile.
6. Medicament
Same type of medicament produces a number of manufacturers in a variety of packages with different content of active substance. Pack 1: includes 60 pills of 600 mg of active substance per pack cost 9 Eur. Pack 2: includes 150 pills of 500 mg of active sub
7. Discount
Ladies sweater was twice discounted. First by 17%, then by 17% of the new price. Its final price was 70 USD. Determine the original price of sweater.
8. ŽSR
Calculate fixed annual personnel costs of operating monorail line 118 km long if every 5 km is station, which serve three people - one dispatcher and two switchman in 4-shift operation. Consider the average salary of the employee 885 €.
9. Youth track
Youth track from Hronská Dúbrava to Banská Štiavnica which announced cancellation attracted considerable media attention and public opposition, has cost 6.3 euro per capita and revenue 13 cents per capita. Calculate size of subsidies to trip group of 10.
10. Theater
The theater has in each row with 10 seats. Ticket to the first 5 rows is for 21 USD. In next rows is for 13 USD. The theater was completely sold out. Revenue was 3520 USD. How many rows are in the theater?
11. Cu thief
The thief stole 122 meters copper wire with cross-section area of 95 mm2. Calculate how much money gets in the scrap redemption, if redeemed copper for 5.5 eur/kg? The density of copper is 8.96 t/m3.
12. Inflation
Once upon a time, tsar owned a money printer and printed and printed. The result of printing money prices went up,in the first year 3.9 %, in the second 6%, in the third 4.7% and in the fourth 5.5%. Then tsar was failed in election. Calculate the aver
13. Rates
When gas consumption, the consumer may choose one of two rates: rate A - which pays 0.4 € per 1 m3 of gas a flat monthly fee of 3.9 € (regardless of consumption) rate B - which pays 0.359 € per 1 m3 of gas a flat monthly fee of 12.5 € From what monthl
14. Negative percentage
In 2004, the company had a loss of 40900 Euros. Two years later he was already in profit 48900 Eur. Calculate what percentage of the company increased profits in this two years.
15. Profitable bank deposit 2012
Calculate the value of what money lose creditor with a deposit € 9500 for 4 years if the entire duration are interest 2.6% p.a. and tax on interest is 19% and annual inflation is 3.7% (Calculate what you will lose if you leave money lying idle at negative
16. Discount
Product has been discounted twice by 19%. What is the total discount given?
17. Homework
The monthly fee for the phone is 12 USD and for phone unit 0.08 USD. How much family pay phone in the first quarter Q1, if on January 1 had on the counter 97362 units and on April 1 97946 units.
18. Pension or fraud
Imagine that your entire working life working honestly and pay taxes and to Social Insurance (in Slovakia). You have a gross wage 1110 Euros, you pay social insurance (you and your employer) monthly € 333 during 42 years and your retirement is 522 Eur
19. Solidarity
Imagine a word solidarity means that salt donation to the needy, who have neither the salt. If we take word solidarity has word base salt + gift (only in Slovakian language). Calculate how many kilos of salt sympathetic citizen "gives" government a year i