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Canada Grade 8 Math Understanding personal finance, budgeting

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

If you earn $50 per week from your part-time job, how much will you have saved after 4 weeks if you save all your earnings?

a)

$150

b)

$200

c)

$250

d)

$300

2.

You have a budget of 100foraschooltrip.Ifyouspend100 for a school trip. If you spend 35 on transportation and $25 on food, how much money do you have left?

a)

$40

b)

$50

c)

$60

d)

$70

3.

If you save 20% of your $500 monthly allowance, how much do you save each month?

a)

$80

b)

$100

c)

$120

d)

$150

4.

You want to buy a bicycle that costs 300.Ifyousave300. If you save 25 each week, how many weeks will it take to save enough money to buy the bicycle?

a)

10 weeks

b)

12 weeks

c)

15 weeks

d)

20 weeks

5.

If you have 150inyoursavingsaccountandyoudepositanadditional150 in your savings account and you deposit an additional 50 each month, how much will you have in your account after 6 months?

a)

$300

b)

$400

c)

$450

d)

$500

6.

You plan to buy a video game that costs 80.Ifyouhavealreadysaved80. If you have already saved 30, how much more do you need to save?

a)

$40

b)

$50

c)

$60

d)

$70

7.

If you spend $15 on lunch every week, how much do you spend on lunch in a month with 4 weeks?

a)

$45

b)

$50

c)

$60

d)

$75

8.

You have a budget of 200fornewclothes.Ifyoubuyajacketfor200 for new clothes. If you buy a jacket for 80 and a pair of shoes for $70, how much of your budget is left?

a)

$40

b)

$50

c)

$60

d)

$70

9.

If you save $10 each week, how much will you have saved after 10 weeks?

a)

$80

b)

$90

c)

$100

d)

$110

10.

You want to buy a concert ticket for 120.Ifyousave120. If you save 15 each week, how many weeks will it take to save enough money?

a)

6 weeks

b)

7 weeks

c)

8 weeks

d)

9 weeks

11.

If you have 200andyouspend200 and you spend 45 on a gift, how much money do you have left?

a)

$145

b)

$150

c)

$155

d)

$160

12.

You receive $20 each week for doing chores. If you save all your earnings, how much will you have saved after 5 weeks?

a)

$80

b)

$90

c)

$100

d)

$110

13.

If you have a budget of 50forabirthdaypartyandyouspend50 for a birthday party and you spend 20 on decorations and $15 on snacks, how much of your budget is left?

a)

$10

b)

$15

c)

$20

d)

$25

14.

You want to save 200foranewphone.Ifyousave200 for a new phone. If you save 25 each month, how many months will it take to reach your goal?

a)

6 months

b)

7 months

c)

8 months

d)

9 months

15.

If you have 75andyouspend75 and you spend 30 on a book, how much money do you have left?

a)

$35

b)

$40

c)

$45

d)

$50