Solving Financial Word Problems: Grade 8 Math Challenge

A store sells notebooks for $3 each and pens for $2 each. If you buy a total of 10 items and spend $24, how many notebooks and pens did you buy? Write an equation to represent this situation.

• 5 notebooks and 5 pens

• 4 notebooks and 6 pens

• 2 notebooks and 8 pens

• 3 notebooks and 7 pens

You have $150 to spend on books and magazines. If each book costs $15 and each magazine costs $5, write an equation to determine how many books and magazines you can buy if you want to purchase a total of 12 items.

• 9 books and 3 magazines

• 10 books and 2 magazines

• 6 books and 6 magazines

• 12 books and 0 magazines

Maria wants to save money for a new bike that costs $300. If she saves $25 each week, write an equation to find out how many weeks it will take her to save enough money for the bike.

• 20 weeks

• 15 weeks

• 12 weeks

• 10 weeks

A gym charges a monthly fee of $40 plus $5 for each class you attend. If you want to spend no more than $100 in a month, write an equation to determine how many classes you can attend.

• 12

• 10

• 15

• 8

John is saving for a video game that costs $60. If he saves $10 each week, write an equation to find out how many weeks it will take him to save enough money for the game.

• 8 weeks

• 10 weeks

• 4 weeks

• 6 weeks

A family is planning a road trip. They estimate that gas will cost $3 per gallon and they will need 10 gallons for the trip. Write an equation to determine the total cost of gas for the trip.

• Total Cost = 40

• Total Cost = 15

• Total Cost = 20

• Total Cost = 30

A concert ticket costs $50, and you want to buy tickets for yourself and two friends. Write an equation to find out how much money you need in total for the tickets.

• $100

• $150

• $200

• $75

You have a budget of $200 for a party. If you plan to spend $50 on food and the rest on decorations that cost $20 each, write an equation to determine how many decorations you can buy.

• 3

• 10

• 7

• 5

A phone plan costs $30 per month plus $0.10 for each text message sent. If you want to keep your monthly bill under $50, write an equation to find out how many text messages you can send.

• 150

• 200

• 75

• 199

Samantha is buying fruit for a picnic. Apples cost $2 each and bananas cost $1 each. If she buys a total of 15 pieces of fruit and spends $24, write an equation to find out how many apples and bananas she bought.

• 7 apples and 8 bananas.

• 10 apples and 5 bananas.

• Samantha bought 9 apples and 6 bananas.

• 8 apples and 7 bananas.