Created by Dyryl Burnett
10 questions
12th Grade
Social studies
Budgeting Scenarios is a Grade 12 mathematics worksheet that develops practical percentage and personal-finance calculation skills. Across 10 items—8 multiple-choice questions and 2 fill-in-the-blank questions—students interpret annual salary and monthly net income, calculate percentage amounts, and determine budget limits for clothing, phone bills, transportation, and life insurance. The scenarios use Dejon’s and Saniyyah’s income figures so students apply calculations to realistic budgeting decisions rather than solve disconnected percentage problems. This worksheet is useful for independent practice, guided instruction, or a personal-finance assessment. Students must move between yearly and monthly income, express answers in dollars, select “None of these options” when appropriate, and distinguish maximum amounts from minimum amounts. It is a free printable worksheet with a complete answer key, making it easy to review calculation methods and identify errors in percent-based budgeting.
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WorksheetsAnswer KeyNone of these options.
$65.05
None of these options.
$286.24
$547.92
$821.88
None of these options
$547.92
This Grade 12 mathematics worksheet uses 10 budgeting questions—8 multiple choice and 2 fill-in-the-blank—to practise converting between yearly salary and monthly net income and calculating percentage-based amounts. Students apply those calculations to clothing, phone bills, transportation, and life insurance limits for two income scenarios, including items where they must recognize that none of the listed answers is correct.
Begin by having students identify whether each item gives an annual salary or monthly net income, then model converting the time period before calculating a percentage. Work through one Dejon item and one Saniyyah item, emphasizing the difference between a maximum and a minimum amount. Students can then complete the remaining multiple-choice and fill-in-the-blank questions, explaining how they checked dollar formatting, rounding, and the reason an answer may not appear among the options.
Students may divide or multiply by 12 incorrectly when moving between Dejon’s yearly salary and monthly net income, or use a whole number instead of a decimal when finding percentages such as 22%, 10%, or 35%. They may also confuse maximum transportation or clothing amounts with minimum phone-bill or life-insurance amounts, overlook the “None of these options” choice, or omit the dollar sign in the Saniyyah monthly-net-income response.
You can assign this worksheet as a printable PDF or as a digital quiz on Wayground, and it includes a complete answer key for the 8 multiple-choice and 2 fill-in-the-blank items. Printable submissions can be graded by scanning student work with the Wayground for Teachers app. The printable format also supports classrooms that are reducing screen time.
Use the worksheet’s Advanced Settings to adjust font spacing and font size so the percentage calculations, answer choices, and fill-in responses are easier to read. You can also enable a dyslexia-friendly font or translate the worksheet into another language, helping students access the income and budgeting vocabulary used in the Dejon and Saniyyah scenarios.
Wayground offers a broad collection of free printable worksheets and practice problems across subjects, with downloadable PDFs and answer keys to support essential skills and concepts. Browse more resources at https://wayground.com/en-us/worksheets.