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: 1982
- A watch
If a watch is sold at 60 USD, there is a loss of 15%, for a profit of 2%, the watch is to be sold at how many USD?
- Salaries - ratio3
The salaries A, B, C are in the ratio 2 : 3 : 5. If the increments of 15%, 10% and 20% are allowed respectively in their salaries, then what will be new ratio of their salaries?
- A man 24
A man distributed 25300 EUR among his 3 sons A, B, C in such a way that the amounts of their parts at 10% simple interest in 2 years, 3 years, 4 years will be equal. A's share?
- Two masons
Mason A can build a wall in 30 days, while mason B can build it in 40 days. If they build it together and get a payment of USD 7000, what is B's share?
- 128 USD
128 USD is increased by 20 percentage. Determine the new amount.
- Doubling - simple interest
A sum becomes its double in 10 years. Find the annual rate of simple interest
- The average 17
The average monthly salary of 20 workers in an office is $4590 . If the manage's salary is added, the average salary becomes $ 4920 per month What's the manager's monthly salary?
- Collecting money
Rs 180 contained in a box of one rupee, 50 Paise and 25 Paise coins in the ratio 2:3:4. What is the number of 50 Paise coins? (One rupee = 100 paisa)
- A gardener
A gardener wants to fence a circular garden of diameter 21 m. Find the length of the rope he needs to purchase, if he makes 2 rounds of fence. Also find the cost of the rope, if it costs $0.40 per meter.
- 4100 USD
4100 USD was distributed in 50 boys and girls. Each boy got $ 90 and each girl $ 65. Then, find the number of boys.
- Triple the sum
At what rate a sum triples in 5 years at simple interest?
- Somebody
Somebody spend 5% of his wages on paying school fees. That is 800 shillings . How much does he earn?
- Tomatoes 3
The price of tomatoes was $5.45 per kilo last week; this week, it has increased by $1.35 per kilo. Find the price of tomatoes this week.
- By selling 2
By selling 100 pens, a shopkeeper gains the selling price of 20 pens. Find his gain percent.
- Adela
Adela saves part of her allowance every month. She can save about 25 pesos monthly. Her target is to save 1350 pesos for a pair of shoes. If she starts saving by June, can she buy the shoes by December?
- Dual profit
A merchant has 1000 kg of sugar, part of which he sells at 8% profit and the rest 18%. He gains 14% on the whole. Find the quantity of 8% profit.
- Fund raising
A number of persons decided to raise 3 millions euros by equal contributions from each. Had they contributed 50 euros each extra, the contribution would have been 3.25 millions euros . How many persons are there?
- An article 2
An article is bought for 124 USD. What should be the marked up selling price so that there is a profit of 10% even after allowing a discount of 12%?
- Price of rice
The price of rice is reduced by 5% . How many kilograms of rice can now be bought for the money which was sufficient to buy 50 kg of rice earlier?
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