Money - practice problems
Money or finance are:* An essential medium of exchange.
* A unit of account.
* A store of value in modern society.
Mathematical examples help to get basic financial literacy.
Number of problems found: 710
- Gross profit
Joseph sold the following quantities of kerosene of gallons: 3/4, 5/8, 7/8, and 9/10. How many gallons of kerosene did Joseph sell? If gallon costs P28.00 and he sold it at P32.00, how much was his gross profit? - Salaries
The employer increased the salaries of its three employees by an average of 30 euros. One increased his salary by € 20, the other by € 45. How many euros did he raise the salary of a third employee? - Price discount
The original prices of a pen is 9 1/5 dollars. For any purchase of 5 pens, it needs only 7/10 of the original price. to buy 5 pens, how many Dollars should be spent? - Chemical drum
A cylinder chemical drum is 220.5cm long and the radius of the drum is 42cm. Calculate the cost of painting the drum at the rate of RS.0.15/cm². - Money spending
Albert and Peter have an amount of money. If Albert spent $6 and Peter did not spend any, then the ratio of Albert's money to Peter's money is 1:3 . If peter spent $6 and Albert did not spend any the ratio of Albert's money to Peter's money is 3:7.How muc - Two thirds 3 Two thirds of the money in my pocket is 50 cents, what is 1/3 of the money in my pocket?
- Saving account
After a year, bank added 54 euros to Mr Eva saving account. The interest rate on her saving account is 1.25% p. a. How many euros did Mrs. Eva have on her account a year ago? - The floor
The floor in the gym has dimensions of 6 * 12m Parquets have a size of 30 * 20cm. Parquets are packed in packages of 50 pieces and one parquet package costs 150 CZK. How many packages will we need? How much will it cost? - Double of principal How long will it take for the principal to double at 12.25% annual interest?
- Weekly salary
If your weekly salary is ₱1,015.00, how much do you have left each week after you pay for the following? * Rent - ₱443.50 * Cable TV -₱23. 99 * Electricity - ₱45.62 * Groceries - ₱124.87 - Deposit in the bank
After the summer job, you saved € 800 in the bank. The interest rate is 4% p. a. Interest on the deposit is taxed at 15% withholding tax. How much can you withdraw after 3 months? - Macky
Macky income varies directly as the number of days that she works. If she earns 8000 pesos in 20 days, how much will she earn if she worked 3 times long? - Two hotels
The total cost for a hotel room varies directly with the numbers of nights you stay. At hotel A,3 night cost a total of P6000. At hotel B,5 nights stay cost a total of P9000. If you will stay for 4 nights which hotel has cheaper cost? - Three gifts
Jon had 20 dollars to spend on 3 gifts. He spent 9 9/10 dollars on gifts A and 4 3/5 dollars on gift B. How much money did he have left for gift C? - The power generator
How much would be paid for the generator if it costs 2000 and 12.5% tax is charged on it? - A sum 2
A sum of money is divided between Laura and Joan in the ratio 2:3. Laura gets 8 pesos. How much did Joan get? - Christine
Christine sold 4 durians weighing 1.3 kg, 1.5 kg, 1.4 kg and 1.6 kg and earns Php 353.80. How much is a kilogram of durian? - A pair
A pair of shoes costs $52.99 and the sales tax is 8%. Use the formula C = p + rp to find the total cost of the shoes, where C is the total cost, p is the price, and r is the sales tax rate. - Commission rate
George sold a house and lot worth Php 2,000,000.00. If the owner gave him Php 110,000.00 as commission, what is the commission rate? - The cost 4
The cost to tile a floor that measures 7 x 6 square feet is $ 2,100. How much will it cost to tile a floor that measures 11 x 13 square feet?
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