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: 1853
- The salary 4
The salary of a worker is first increased by 5% and then it is decreased by 5% . What is the change in his salary? - Johnny 3
Johnny has $46,754 in a savings account that earns 14% annually. The interest is not compounded. To the nearest dollar, how much interest will he earn in 3 years? - Roland 2
Roland sold his watch at 15% loss. If he had sold it for 210 USD more, he would have made a profit of 20%. Find the cost of price of the watch. - Glass cleaner
A 2-pint bottle of glass cleaner costs $13.44. What is the price per fluid ounce?
- PC and laptop
A person spent Rs 50000 to purchase a desktop computer and a laptop computer. He sold the desktop at a 20% profit and the laptop at a 10% loss. If, overall, he made a 2% profit, then find the purchase price, in rupees, for the desktop. - Overtime and salary
An employee earns R150 per hour, and the agreed normal working hours are 45 hours per week. Overtime is paid at 1 1/2 of the normal rate. Suppose Dave works 52 hrs during the first week of March. What will the total earnings for that particular week be? - Prawns and carbs
I buy 3 1/4 kg of prawns and 4 2/5 kg of carbs. 1 kg of prawns is RM 24 and 1 kg of carbs is RM 10. If I pay RM 50, what is my change? - Charlie 2
Charlie has $10 1/2; she went to the store and bought a chap-stick for $1.75. How much money does she have now? - One muffin
Eight muffins and one drink cost $8.12. If the drink costs $1.24, find the cost of one muffin.
- Earnings 4
Joey earned $35, which is five times more than Leo earned. How much did Leo earn? - Twizzlers
A five pack of Twizzlers costs $3.75. What is the unit rate? - Monthly expenses
John's monthly expenses are analyzed as follows: 1/8 for stationery, 1/3 for fuel, 1/6 for parking, and the rest for food. His total expenses are 4500. Calculate the rand value of the food expenses. - Electronics price loss
Archie buys a TV set for 15000. After some time, he plans to sell it again and reduce the price by 800. What is the percent of loss? - Grapes 2
Grapes cost 2.17 USD/lb. A customer purchases 1 3/4 lb of grapes. How much did the customer pay for the grapes round to the nearest cent?
- Lakeside mall
Katy went to lakeside mall. She had $75 to spend she purchased 3 items which cost $12.75, $32.57, and $21.84. How much more does she have to spend? - Fraction money
5/8 of a sum of money is £1.10. What is the whole amount? - Money balance
At the beginning of the month, Hector had $52.43 saved up. He then earned $16.94 doing chores and spent $20.35 at the mall. How much money does he have now? - Soup mixes
You sell soup mixes for a fundraiser. For each soup mix you sell, the company that makes the soup receives x dollars, and you receive the remaining amount. You sell 16 soup mixes for a total of (16x+96) dollars. How much money do you receive for each soup - Sales tax 2
The item cost $430 before tax. The sales tax is $17.20. Find the sales tax rate and percentage.
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