Money - math word problems
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.
The king divided the ducats to his three sons in a ratio of 2: 5: 4. How many ducats the king divided them if the youngest received 260 ducats, which was the least of all sons.
- Corona virus
Calculate an estimate of the percentage of GDP (Gross Domestic Product) declined due to the quarantine related to the corona COVID-19 virus that lasts for 2 months, during which time the economic activity is down by 80%.
- Discounts 2
The local fitness center offers membership discounts for hospital employees. According to the membership brochure, you will receive a discount of 25% on a membership that normally costs $65 per month. How much will you pay for an annual membership if you
- Mortage hypo loan
The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took the loan with the bank for the remaining amount. What interest did they receive if they repay this amount for 15 years at EUR 120 per month?
Eleven liters of white wine and eight liters of red wine cost a total of 1315 kc. 1 liter of white wine was 10 kc cheaper than a liter of red wine. How much is 1 liter of white and how much red wine?
- Profitable company
Three businessman decide to open up their own company. They agree to distribute the yearly profits made in the same ratio as their initial investments. They invest R 50 000, R 75 000 and R25 000, respectively. The profit made by the company in the first y
- 3/8 off
A shirt cost 38.95 How much will you pay for the shirt if it has a discount tag for 3/8 off? Round to the nearest cent
- Two accounts
Two accounts in the bank, one per year interest 2%, the second 3%. Total interest income 1900 USD. If interest rates were reversed, the yield would be USD 200 higher. What are the amounts on each account?
- Two accounts
A banker divided $5000 between 2 accounts, one paying 10% annual interest and the second paying 8% annual interest. Express the amount invested in the 10% account in the terms of the amount invested in the 8% account.
- The percent 2
The percent return rate of a growth fund, income fund, and money market are 10%, 7%, and 5% respectively. Suppose you have 3200 to invest and you want to put twice as much in the growth fund as in the money market to maximize your return. How should you i
- Average monthly salary
A total of 10 teachers work at one small school in Moravia. The monthly salary of each is 21,500 CZK or 21,800 CZK or 22,500 CZK according to their education and age. The average monthly salary for this school's teacher is 21 850 CZK. How many teachers of
The new phone was discounted by 2800kč. After this discount, 5 phones cost 5530 CZK more than 3 phones before the discount. How much did the phone cost before the discount?
The land is in the shape of a square with a dimension of 22 meters. How much will we pay for the fence around the entire plot?
The annual scholarship of the best student and second-best student in the class is 3500 euros in total. The best student scholarship in 8 months is the same as the second-best student scholar in the class for the whole year. How big is the annual scholars
- Trio ratio
Hans, Alena and Thomas have a total of 740 USD. Hans and Alena split in the ratio 5: 6 and Alena and Thomas in the ratio 4: 5. How much will everyone get?
- Earnings per share
The table below shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Deere &Co. Price $65.70 earnings per share $4.40 Dividends per share $1.16 Google price $528.33 earnings per share $27.72 Dividends
- A loan
A loan in the amount of $944 is charged simple interest at an annual rate of 8.1%. How much money is owed 14 months after the loan was made?
Jaxon’s start up business makes a profit of $450 during the first month. However, the company records a profit of -$60 per month for the next four months and a profit of $125 for the final month. What is the total profit for the first six months of Jaxon’
- Fruit salad
The fruit salad is prepared from oranges and bananas. One kilogram of oranges costs 30 CZK and one kilogram of bananas costs 18 CZK. How many kilograms of bananas need to be added to half a kilogram of oranges to produce a fruit salad worth CZK 21 per 1 k
- Washing powder
A 10-kilogram pack of washing powder is M euros more expensive than a 5-kilogram pack of the same powder. A 5-kilogram package costs P euros. Five kilos of packaging is not worth it, because it is more expensive than half the price of 10 kilos. How much is
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