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Budget Practice

Total questions: 14

Worksheet time: 28mins

Name
Class
Date
1.

Roselaine's net income was $3,250.00 for her full-time work and $1,000.00 for her part-time work. What is her net income ?

a)

$2,250.00

b)

$4,250.00

c)

$5,675.00

2.

If Sean's fixed costs are $250.50, $85.25, $48.20, and $100.25. What are his total fixed costs?

a)

$484.20

b)

$385.70

c)

$ 125.75

3.

Name three expenses you could cut on your budget.

a)

rent, car payment, and utilities

b)

car insurance, cell phone, and internet

c)

clothes, entertainment, and groceries

4.

If Darien cuts 20% off of his rent which is $1,545.00 , how much will he save?

a)

$309.00

b)

$1,236.00

c)

$618.0

5.

If Nafa cuts 10% off of her utiities which are $225 , how much will she save ?

a)

$33.75

b)

$247.50

c)

$22.50

6.

Garav pays $15.00 daily to park his car. He uses a gallon of gas at $3.45 per gallon each day. How much does he spend on gas and parking in a week?

a)

$125.00

b)

$92.25

c)

$80.75

7.

Melaka goes out to dinner eight times a month. The average cost is $35.00 per meal. How much does he spend each month?

a)

$280.00

b)

$375.00

c)

$297.50

8.

Sara's trip to Australia is in six months. How much does she needs to save each month to make her goal of $2,370.00 ?

a)

$480.00

b)

$197.50

c)

$395.00

9.

Jakayla's full-time monthly income is $2,680.00. Elias' full-time monthly income is $2,885.00 and his part-time monthly income is $1,035.00. What is their total net income each month?

a)

$7,500.00

b)

$6,600.00

c)

$5,750.00

10.

If Jakayla and Elias' net income is $6,600 and they pay $4,800 a month in expenses, how much money do they have left a month?

a)

$11,400.00

b)

$2,950.00

c)

$1,800.00

11.

If Luke cut 25% from his curent auto expenses of $674.00, how much would he save ?

a)

$168.50

b)

$101.10

c)

$185.25

12.

If Jazmine saved 40% on her entertainment and dining out which was $512.00, how much would she save ?

a)

$240.08

b)

$204.80

c)

$175.75

13.

Serena has saved $2,295.00 each year for four years. She has budgeted tbe entire amount for her month long Hawaiian vacation. How much is Serean's Hawaiian vacation?

a)

$2,568.20

b)

$4,590.00

c)

$9,180.00

14.

What is 30% of $9,180.00 ?

a)

$6,426.00

b)

$2,754.00

c)

$1,500.00