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: 1864
- Profit chain
If the manufacturer gains 10%, the wholesale dealer 15%, and the retailer 25% then what is the production cost of a washing machine whose retail price is 1000 eur? - Dividing money 7
A: B: C is in the ratio of 3:2:5. How much money will C get out of Rs 1260? - Money sharing
A sum of money is to be distributed among A, B, C, D in the proportion of 5 : 2 : 4 : 3. If C gets 1000 USD more than D, what is B's share? - Income comparing
Arnold's income is 60% more than that of Brandy. By what percent is Brandy's income less than Arnolds's?
- Single discount
Find the single discount equivalent to two successive discounts of 20% and 10% . - The beef
The beef is sold for $14.32 a kilograms. What is the cost of 0.36 kg of a beef? - Tax info
The tax-free price of the jacket is €150 and the VAT rate is 24%. Calculate the VAT and Taxable price. - An expensive watch
A watch when sold at a profit of 6% yields $ 870 more than when it is sold at a loss of 6% . Find the cost price of the watch. - The bill 2
I paid 3/5 of a bill. If 400 USD of the bill is still due, what was the total amount of the bill?
- Profit percentage
The ratio of cost price to selling price is 20 : 21. What is the profit percentage? - Front porch
Jon's front porch is 8 feet wide and 12 feet long. Jon wants to stain the wood on the porch next weekend. The stain costs $1.00 per square foot. How much will it cost to buy enough stain for the whole porch? - 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?
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