Mastering Money Management Skills

Write $12.50 in words.

• Twelve dollars and fifty cents

• Twelve and a half dollars

• One hundred and twenty-five dollars

• Twelve dollars and five cents

You pay with a $20 bill for an item that costs $13.75. How much change should you receive?

• $6.25

• $7.25

• $5.25

• $6.75

Which of the following is the correct way to write $0.07 in words?

• Seven cents

• Seventy cents

• Seven dollars

• Seventeen cents

If you have a $10 bill, $5 bill, and two $2 coins, how much money do you have in total?

• $17

• $19

• $15

• $21

You buy a notebook for $3.49 and pay with a $5 bill. What is the correct change?

• $1.51

• $2.51

• $1.41

• $2.41

Which of the following is a reasonable estimate for the total cost of three items priced at $4.99, $5.25, and $3.80?

• $14

• $13

• $15

• $12

If you have $50 and spend $18.75, how much do you have left?

• $31.25

• $32.25

• $28.25

• $29.25

What is the sales tax (HST) on a $40 purchase in Ontario (13%)?

• $5.20

• $4.80

• $5.00

• $4.50

A shirt costs $25.00 before tax. What is the total cost after adding 13% HST in Ontario?

• $28.25

• $27.50

• $28.00

• $27.25

You buy a jacket for $80.00 and get a 25% discount. What is the sale price before tax?

• $60.00

• $65.00

• $55.00

• $70.00