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: 1975
- 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?
- Sarah 7
Sarah bought snacks for her team's practice. She bought a bag of chips for $1.56 and a 20-pack of juice bottles. The total cost before tax was $33.96. Write and solve an equation which can be used to determine, how much each bottle of juice cost.
- Sharing money 2
Ann and Betty shared a sum of money in the ratio is 2:3 and Ann received $120. What is Betty share?
- A man 23
A man has some money. He gives 50% of it to his wife and 40% of the remaining to his daughter. He gives the rest to his son. If the son receives 12000 euro, how much did his wife receive?
- A furniture
A furniture dealer bought a dining set at 12000 USD. At what price would the dealer sell this set by offering a discount of 5% and still make a profit of 10%?
- Michael 9
Michael purchased an old scooter for Rs 12000 and spent Rs 2840 on its overhauling. Then he sold it to his friend Rs 13860 . How much per cent did he gain or lose?
- Cash discount
Marked price of a mobile phone Rs 6000. The shopkeeper offers a discount of 5% on cash payment . If the VAT is 8%, find the amount the customer has to pay in cash to purchase the mobile phone.
- By selling
By selling an article for $ 21, a trader loses as much percent as the cost price of the article. Find the cost price.
- A business
Two people, A and B starts a businesses. A began a business with $ 21000 and is joined afterwards by B with $ 36000. After how many months did B join, if the profits at the end of the year are divided equally?
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