WorksheetsSimple interest, Discount, Commission and Money Exchange
Total questions: 10
Worksheet time: 8mins
increase 20 by 10%
18
22
2
110
Preye enterprises sells fans. A fan marked for N500 was sold to Joeboy at a discount of 5%. How much did Joeboy buy for it?
N50
N25
N450
N475
A dollar worths 350 Naira. How many dollars will N7000 be equivalent to?
$2
$20
N20
N2
Ozi invested N2000 in a bank for 3 years at a simple interest of 4% per annum. How much was his simple interest?
N24 000
N24
N240
240%
A salesman was promised a commission of 10% on every sales of a table. If he sells a table for N80,000, how much is his commission?
N800
8000
N88,000
N8000
Chigirl was given a discount of N700 on a cloth originally marked N4000. How much did she pay?
N4700
N3300
20%
N1700
3 books cost N750.00. What is the cost of 5 of such books?
N250.00
N2,500.00
N1,250.00
N12,500.00
A man deposited N6000 in the bank for 8 months. What is his simple at a rate of 24% per annum?
N960
N1440
N480
N980
Decrease 3000 by 30%
2100%
900%
900
2100
The salary of a man was reduced by 20% in the first year and increase by 30% in the second year. What was his salary in the second year? If his initial salary was N60,000?
N18,000
N48,000
N62,400
N14,400
