Personal Budgets

Personal Budgets

7th Grade

12 Qs

quiz-placeholder

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Personal Budgets

Personal Budgets

Assessment

Quiz

Mathematics

7th Grade

Practice Problem

Easy

CCSS
6.RP.A.3C

Standards-aligned

Created by

Ashley Basham

Used 2+ times

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12 questions

Show all answers

1.

MATCH QUESTION

1 min • 1 pt

Match the following

A. The amount of money earned over a

Income

D. A plan that is used to determine how

Variable Expense

C. An expense that is the same amount

Budget

B. An expense that differs from month

Fixed Expense

2.

CATEGORIZE QUESTION

3 mins • 1 pt

Categorize which expenses are fixed and which are variable.

Groups:

(a) Fixed Expense

,

(b) Variable Expense

Medical Bills

Property Payment

Groceries

Netflix bill

Fuel

Entertainment

Personal Care

Gym Membership

Cost of daycare

Shopping

Morgage/Rent

Loan Payment

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If his take home pay is $2500 each month, what is the percentage of his rent?

32%

40%

80%

16%

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If his take home pay is $2500 each month, what is the percentage of his food?

15%

16%

18%

25%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If his take home pay is $2500 each month, what is the percentage of his Utilities?

12%

5%

10%

25%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If his take home pay is $2500 each month, what is the percentage of his car payment?

32%

12%

16%

13%

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

If his take home pay is $2500 each month, what is the percentage of his gas?

5%

8%

10%

16%

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