Consumer Arithmetic Quiz 1
Quiz
•
Mathematics
•
9th - 12th Grade
•
Practice Problem
•
Hard
Mikhala Ingram
FREE Resource
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A store charges 6% VAT on all sales. What is the total cost of a shirt marked at $30 ?
$28.20
$31.80
$33.84
$36.00
2.
OPEN ENDED QUESTION
3 mins • 3 pts
The cash price of a camera is $450.00. It can be bought on hire purchase by
making a deposit of $90.00 and 12 monthly instalments of $34.50 EACH.
Calculate
(a) The TOTAL hire purchase price of the camera, (2 marks)
(b) the amount saved by buying the camera at the cash price. (1 mark)
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3.
OPEN ENDED QUESTION
3 mins • 3 pts
The cost price of a plot of land was $20 000. The plot of land was sold for $24 400.
Calculate the profit as a percentage of the cost price.
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4.
OPEN ENDED QUESTION
3 mins • 4 pts
A shopkeeper buys 48 radios for a wholesale price of J$72 000. At what price
per radio must he sell to make a profit of 15% on his cost?
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5.
OPEN ENDED QUESTION
10 mins • 7 pts
Mr James works a basic week of 40 hours at a rate of $16 an hour. His overtime rate
is $4 per hour MORE than his basic rate.
Calculate
(a) his total wage for a basic week,
(b) his wage for a week in which he worked 47 hours,
(c) the number of hours he worked during one week if he was paid a wage of $860.
Evaluate responses using AI:
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