
Financial Maths Quiz
Authored by Peter Blackshaw
Mathematics
9th Grade
Used 21+ times

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14 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A store reduces the price of goods in a sale. What word is the best word to describe the difference between the original price and the sale price?
Markup
Profit
Loss
Discount
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Susan buys a watch for $130 and sells it for $190. What word is best to describe the $60 difference?
Interest
Overtime
Profit
Loss
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
To increase $68 by 12% you would multiply by
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
An electrical store makes a 90% profit on the cost price of every item it sells. If the store buys a DVD recorder from the manufacturer for $145, what is their selling price?
$161.10
$130.50
$275.50
$306.11
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
During a price war unleaded petrol was discounted from $1.60 per litre to $1.36 per litre. What percentage discount (based on the original price) is this?
1.5%
15%
17.6%
24%
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sandra borrows $7 800 and pays simple interest on the principal for 3 years at 12% p.a. How much interest does she pay?
$936
$1 950
$2 340
$2 808
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Karen buys a Blue Ray player at the sale shown.
She paid $280 for the player.
What was its normal price before the sale?
$300
$336
$350
$1400
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