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.
If you want to truly know a person, observe their relationship with money — how they earn it, manage it, and what they spend it on. Money is the social ledger of good deeds. If you have little, it means you’re doing something the world values little.
Number of problems found: 2098
- Ten percent
Find 10% of $4. Explain - Simple interest pa
If a sum of money doubles in 8 years at simple interest, in how many years will it become 3 times the original amount? - Inflation again
If the price of a commodity increases by 85%, by what percentage should consumption be reduced so that spending increases by only 48%? - Carnival
Kevin is going to a carnival that has games and rides. Each game costs $1.50 and each ride costs $3.00. Kevin spent $18 altogether, and the number of games he played is 4 times the number of rides he went on. Write a system of equations that could be used - Amusement park.
A group of friends wants to go to the amusement park. They have $311.50 to spend on parking and admission. Parking costs $16.75, and tickets cost $32.75 per person including tax. Write and solve an equation to determine the number of people who can go to - Soccer team trip
Members of a soccer team raised $1,210.50 to go to a tournament. They rented a bus for $769.50 and budgeted $31.50 per player for meals. Using an equation or tape diagram, find the number of players the team can bring to the tournament. - Local fair Diana and 2 friends are visiting the local fair. Each person buys a hamburger for $6.60 and a drink for $3.00. They have a coupon for $1 off each hamburger. Write an expression to represent the total cost.
- Stefan
Stefan sells Jin a bicycle for $147 and a helmet for $18. The total cost to Jin is 150% of what Stefan originally spent to buy the bike and helmet. How much did Stefan spend originally? How much profit did he make by selling the bicycle and helmet to Jin? - Cupcakes 5
Tristan wants to buy 12 cupcakes. Each cupcake costs $2.40. What is the best estimate for how much money Tristan should bring to pay for the cupcakes? - Combined work
Latoya works mowing lawns and babysitting. She earns $8.60 an hour for mowing and $7.60 an hour for babysitting. How much will she earn for 6 hours of mowing and 1 hour of babysitting? - Flower shop 2
Jenna went to a flower shop. The shop has a sign showing the following prices: rose; 0.75 carnation ; 0.90 lily ; 1.40 Jenna bought 2 lilies, 3 carnations, and 5 roses. If she paid $20 to the shop owner, how much change did she get? - Spending in 3 days
Jesse spends 1/2 of his pocket money on Monday. On Tuesday, he spends 2/3 of what is left. On Wednesday, he spends 1/4 of what remains. What fraction of his pocket money does he have left? - Clara
Clara earned $24 for mowing her neighbour's lawn 3 times. If Clara charged the same rate and earned $32, how many times did she mow her neighbour's lawn? Use a unit rate to find the unknown value. - Cycloshop On increasing the price of a bicycle by 14%, it becomes Rs 1,425. What was its original price?
- A liter of a milk
One litre of milk costs Rs 42.50. What will be the cost of 2.5 litres? - The profit 6 A man sells an article at a profit of 20%. If he had bought it at 20% less and sold it for $5 less, he would have gained 25%. Find the cost price of the article.
- Tammy
Tammy attends Gray River College. Tuition this year is $6,450. Tammy's parents have saved $2,000 for her tuition. She also has a grant for $1,100 and a music scholarship for $800. Tammy plans to earn the rest at her work-study job. How much money does Tam - A watch
If a watch is sold for $60, there is a loss of 15%. At what price must the watch be sold to make a profit of 2%? - Salaries - ratio3 The salaries of A, B, and C are in the ratio 2:3:5. If their salaries are increased by 15%, 10%, and 20% respectively, what will be the new ratio of their salaries?
- A man 24 A man distributed €25,300 among his 3 sons A, B, and C such that the amounts of their portions, with 10% simple interest over 2 years, 3 years, and 4 years respectively, will be equal. What is A's share?
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