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10 Finance Revision

Authored by Amy Partridge

Mathematics

7th - 11th Grade

CCSS covered

Used 5+ times

10 Finance Revision
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16 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The price of a motorbike is $1,500. How much do you need to pay if you get a 10% discount?

$150

$1500

$1350

$250

$1250

Tags

CCSS.6.RP.A.3C

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

The price of a t-shirt is $50. If you buy 4 shirts, you will get 15% discount. How much do you have to pay if you buy 8 shirts?

$400

$350

$340

$60

$40

Tags

CCSS.6.RP.A.3C

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the simple interest earned on $6000 at 9% p.a. for 4 years

$2160

$8160

$21600

$216000

$816000

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Find the simple interest earned on $20 000 at 8.4% p.a. for 11 months

$1540

$1680

$150

$21540

$770

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Interest on an investment at 6% p.a. for 5 years amounted to $8550. What was the original value of the investment?

$8550

$28500

$2850

$11400

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Calculate the total amount that is paid for a car that has a cash price of $14000 on the following terms.

· 10% deposit

· Repayments of $455 per month for three years.

$1400

$16380

$17780

$389

Tags

CCSS.8.EE.C.7B

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A lounge suite has a ticketed price of $5610. The lounge suite is purchased on terms of one-third deposit with the balance plus interest to be repaid over 4 years in equal monthly installments with interest charged at a rate of 9% p.a.

Calculate the amount of each monthly repayment.

$1879

$3740

$1346.4

$5086.4

$105.97

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