3. Consumer Arithmetic (2018-2024)

3. Consumer Arithmetic (2018-2024)

10th Grade

•

25 Qs

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3. Consumer Arithmetic (2018-2024)

3. Consumer Arithmetic (2018-2024)

Assessment

Quiz

•

Mathematics

•

10th Grade

•

Practice Problem

•

Medium

Created by

Miss Habibah

Used 2+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

At a bank, EC$2.60 is equivalent to US$1.00. For every US$1.00 exchanged, EC$0.10 is deducted as an exchange fee. How much EC dollars will Leon receive if he exchanges US$100.00?

$90.90

$236.34

$250.00

$260.00

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If $7 000 is borrowed at the rate of 5% per annum for 3 years, the simple interest is

$ 105

$ 210

$ 370

$1 050

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A dress which costs $180.00 is being sold at a discount of 10%. The amount of the discount is

$ 1.80

$ 10.00

$ 18.00

$ 170.00

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

An article bought for $125 was sold for $175. The profit as a percentage of the cost price was

28.6

40

50

71.4

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The value of a plot of land is $18 000. Land tax is charged at the rate of $0.70 per $100 value. What is the TOTAL amount of tax paid for the land

$100.70

$110.00

$126.00

$180.70

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

If the simple interest on $900 for 3 years was $108, what was the rate of interest?

4%

8%

12%

25%

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

At the end of any year a car is worth 5% less than what it was worth at the beginning of the year. If a car is worth $9 500 in December 2016, then its value in January 2016 was

$ 9 995

$10 000

$10 025

$12 000

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