Budgets and Net Worth

Budgets and Net Worth

7th Grade

17 Qs

quiz-placeholder

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Budgets and Net Worth

Budgets and Net Worth

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Medium

CCSS
6.RP.A.3C, 6.EE.B.7, 6.EE.B.6

+9

Standards-aligned

Created by

Rubi Gonzalez

Used 35+ times

FREE Resource

17 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What percent of Sherri's total monthly budget is put into savings?

15%

8%

12.5%

25%

Tags

CCSS.6.EE.B.7

CCSS.6.RP.A.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What percent of Sherri's total budget is put into cable and cell phone?

5%

9%

13%

17%

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

What are the variable expenses of Sherri's monthly budget?

rent, cable, groceries

savings, groceries, other expenses

rent, utilities, groceries

cell phone, utilities, other expenses

Tags

CCSS.6.EE.A.2

CCSS.6.EE.B.6

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

The graph above represents a family’s monthly budget. The family’s income is $3,125. How much money does the family spend on utilities, transportation costs, and savings?

$1000.93

$1093.75

$1937.50

$2037.50

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Jay’s monthly income is $2,750. How much of Jay’s monthly income is spent on his car payment and insurance?

$587.50

$615.75

$655.75

$687.50

Tags

CCSS.6.RP.A.3C

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Cardi B created a monthly budget and assigned each category a percentage of her monthly income. Cardi B’s monthly income is $3,500. Which statement is supported by the information in the table?

Less than $1,000 of Cardi B’s monthly income is for her car payment and insurance.

Cardi B's budgets $875 of her monthly income for her cell phone, utilities, and emergencies.

Cardi B puts $200 of her monthly income into savings.

More than $1,200 of Cardi B’s monthly income is for her rent.

Tags

CCSS.6.RP.A.3C

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Media Image
The table below shows Claude's assets and liabilities.  What is the total value of his assets?
$24,950
$25,420
-$24,950
$50,370

Tags

CCSS.7.EE.B.3

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