Financial Maths

$200 out of $410 as a % to one decimal place is...

• 46.8

• 48.8

• 48.6

• 488

50% of 180 is...

• 9

• 180

• 45

• 90

How much will a $40 item cost after it is discounted 5% ?

• $44

• $38

• $42

• $36

The price of Fruit Tingles is now $1.50, they used to cost $1.25. What is the percentage price rise?

• 10%

• 20%

• 30%

• 40%

If a short term loan with principal $500 accrues $50 in interest and has to be paid back in 10 equal instalments. What will the amount of each instalment be?

• $45

• $50

• $55

• $50

If $10,000 is invested for 3 years at 2.5% Compound Interest. How much is the amount of interest earned? (1 decimal place)

• 786.90

• 78.60

• 768.9

• 769.8

Reece buys a new pair if Reebok sneakers. Before GST the shoes cost $120. How much will they cost after GST applied?

• $120

• $118

• $132

• $144

Andy buys a sound system costing $1400. He pays a deposit of $500. The remaining $900 he owes must be repaid by making six monthly instalments of $160. What is the flat rate of interest? (1 decimal place)

• $60

• $1460

• 13.3%

• $900

If a tennis racquet costs $550 and Chris makes a $90 deposit. How much does Chris still owe on the tennis racquet?

• $450

• $460

• $640

• $90

A dinner set costing $250 is marked down (discounted) to $85. How much is the percentage discount? (2 decimal places)

• $165

• $85

• 63.46%

• 63.47%