Financial Mathematics - GCSE Maths

A person earns £9 per hour and works 35 hours per week. How much will they earn in a week before tax?

• £245
• £285
• £315
• £325
• £350

A company has revenue of £100,000 and expenses of £80,000. What is the company's profit before tax?

• £10,000
• £15,000
• £20,000
• £25,000
• £30,000

If a person deposits £500 in a savings account with an interest rate of 4%, how much money will they have after one year?

• £520
• £540
• £560
• £580
• £600

A person's salary is increased by 5%. If their original salary was £30,000, what is their new salary?

• £30,500
• £31,000
• £31,500
• £32,000
• £32,500

A person bought a house for £250,000 and sold it for £280,000. What was their profit or loss percentage?

• 10% profit
• 12% profit
• 15% profit
• 10% loss
• 12% loss

A person's monthly salary is £2,500. What is their annual salary?

• £30,000
• £35,000
• £40,000
• £45,000
• £50,000

A company sells goods for £1,200 and the VAT rate is 20%. How much VAT is included in the price?

• £150
• £200
• £240
• £250
• £300

A person has a bank account with £1,000 and they withdraw £200. What is their new balance?

• £600
• £700
• £800
• £900
• £1,000

If a person has a salary of £35,000 and the tax rate is 20%, how much tax do they have to pay?

• £5,000
• £6,000
• £7,000
• £8,000
• £9,000

If a person bought a product for £80 and the VAT rate is 10%, how much did they pay for the product including VAT?

• £88
• £82
• £81
• £79
• £78