Year 10 5.2 Financial Mathematics

28% of $89 is closest to:

• $28.00

• $64.08

• $113.92

• $2492

• $24.92

As a percentage,  $\frac{21}{60}$  is: 

• 21%

• 3.5%

• 60%

• 35%

• 12.6%

If a budget allows 30% for car costs, how much is allocated from a weekly wage of $560?

• $201

• $145

• $100

• $168

• $109

The gross income for 30 hours at $5.26 per hour is:

• $35.26

• $389.24

• $157.80

• $249.20

• $24.92

If Simone received $2874 commission on the sale of a property worth $195 800, her rate of

commission, to 1 decimal place, was:

• 21%

• 1.5%

• 60%

• 15%

• 12.6%

In a fortnight, Bill works the following number of 8-hour shifts:

• three day shifts ($10.60 per hour)

• three afternoon shifts ($12.34 per hour)

• five night shifts ($16.78 per hour)

His total income for the fortnight is:

• $152.72

• $1457.34

• $1000

• $168.84

• $1221.76

A phone is discounted by 26%. What is the amount closest to the sale price if it was originally $560?

• $146

• $414

• $266

• $132

• $352

A $5000 loan is repaid by monthly instalments of $200 for 5 years. The amount of interest

charged is:

• $300

• $7000

• $12 000

• $2400

• $6000

The simple interest on $600 at 5% for 4 years is:

• $570

• $630

• $120

• $720

• $30

The compound interest on $4600 at 12% p.a. for 2 years is:

• $1104

• $5704

• $4600

• $5770.24

• $1170.24