WorksheetsPersonal Financial Literacy
Total questions: 15
Worksheet time: 1hrs 24mins
Rolando is participating in a fundraiser to earn money for soccer equipment. He collected $250 from selling stickers. After calculating the expenses, he found that he made a profit of $175. How much were his expenses?
$39
$44
$75
$76
Valery and Audrey baked cookies to sell. For each cookie, they spend $0.75 on toppings and $0.89 on packaging. If they sold one cookie for $2.00, how much profit did they make on each cookie?
$0.45
$0.99
$1.64
$0.36
Angelica makes and sells earrings as a way to earn extra money. The money she gets is considered _______.
Needs
Wants
Income
Expenses
At the end of the month, the money Tam hasn't spent is called his ________.
Spent quickly
Income
Savings
Expenses
Adrian's older brother has a job and drives a car. The money he earned and spent last week is shown below. What were the total variable expenses?
Earned-- $115.26
Car Payment--$58.74
Gas for work --$27.50
Snacks--$6.28
Movie--$6.50
A. $6.28 + $6.50 + $27.50 = $40.28
B. $115.26 + $58.74 = $174.00
C. $58.74 + $27.50 + $6.28 + $6.50= $99.02
D. $115.26 +$ 6.50 = $121.76
Ja'Kayla is making peanut butter and jelly sandwiches. Each single serve pack of peanut butter and jelly cost $0.50. The two slices of bread cost $0.25 for each sandwich. If she decides to hand her sandwiches out for $1.50 each, how much profit will she make on each sandwich?
$1.50
$0.50
$0.75
$1.00
Noah and Ronnie are selling their homemade cupcakes for $3.50 each. For the cupcakes, they need a cupcake liner for $0.99 each and sprinkles for $1.29. How much profit will they make from each cupcake?
$3.50
$2.28
$4.00
$1.22
Adam is helping his dad calculate his expenses. He found that his dad's profit is $35 for each chair he sells. If his dad sells 3 chairs and makes $130, how much are his expenses for the 3 chairs?
$45
$25
$36
$99
Kailey was dying for some new pink sparkly boots. She wanted to use some of the $75.00 her grandmother gave her for Christmas. She asked her mom to get $30 out of the bank for her. Kailey's mom made a _____________ from her account. She has $________ in her account.
deposit $105.00
withdrawal $45.00
deposit $45.00
withdrawal $105.00
Caitlin made a deposit into her account. She now has $148.63 in her college savings account. The bank will pay her $4.23 every six months in interest. How much money will she have next year at this time?
$140.17
$144.40
$152.86
$157.09
