Consumer Math Diagnostic Test

Front

What is the term for putting money into a bank account?

Back

Deposit

Front

What do we call the price for one item, often seen on labels?

Back

Unit price

Front

What is the name of the government program in the US that provides income to retirees?

Back

Social Security

Front

What is the term for the extra pay received for working more than the standard hours?

Back

Time-and-a-half overtime

Front

If a jacket costs $22.00 and is discounted by 25%, how much does Ava save?

Back

$5.50

Front

What is the term for the amount of money taken off the original price of an item?

Back

Discount

Front

What is the term for the total cost of an item after applying a discount?

Back

Sale price

Front

What is the term for the amount of money you earn before taxes and deductions?

Back

Gross income

Front

What is the term for the amount of money you take home after taxes and deductions?

Back

Net income

Front

What is the term for a fee charged for borrowing money?

Back

Interest