Money quiz - BBCdownloads.bbc.co.uk/skillswise/maths/ma26mone/quiz/… ·  · 2011-08-26Tara...

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© BBC 2011 Money quiz L1 Level A 1. Fifty-nine pence should be recorded on a bill as: A) £0.59 B) £59.00 C) £5.90 2. Seven pounds five is recorded as: A) £7.50 B) £7.05 C) £0.75 3. The sum of £21.25 and eleven pounds, eight pence is: A) £35.16 B) £33.05 C) £32.33 4. Sam spent £7.27 and paid with a ten-pound note. His change should be: A) £3.73 B) £2.73 C) £2.83 5. The sum of £95.47 and £4.71 is: A) £99.18 B) £100.18

Transcript of Money quiz - BBCdownloads.bbc.co.uk/skillswise/maths/ma26mone/quiz/… ·  · 2011-08-26Tara...

© BBC 2011

Money quiz

L1

Level A

1. Fifty-nine pence should be recorded on a bill as:

A) £0.59 B) £59.00 C) £5.90

2. Seven pounds five is recorded as:

A) £7.50 B) £7.05 C) £0.75

3. The sum of £21.25 and eleven pounds, eight pence is:

A) £35.16 B) £33.05 C) £32.33

4. Sam spent £7.27 and paid with a ten-pound note. His change should be:

A) £3.73 B) £2.73 C) £2.83

5. The sum of £95.47 and £4.71 is:

A) £99.18 B) £100.18

© BBC 2011

Money quiz

L1

6. Shop A charges £49.50 for an item and shop B charges £28.75. How much do you save by buying from shop B?

A) £21.25 B) £20.75 C) £21.75

7. Twenty-three people each paid £5.40 for a coach trip. What was the total cost?

A) £124.20 B) £104.60 C) £172.80

8. Eight people shared the cost of a £54 meal. How much did each pay?

A) £6.55 B) £6.75 C) £6.95

9. Jude claimed travel allowance for 87 miles at 40p a mile. What was the total?

A) £3 480 B) £34.80 C) £34.80

10. Tara bought an item for £295.50 in cash. The credit cost would have been 12 monthly payments of £27.10.

That would have been a total of:

A) £325.20 B) £300.80 C) £295.60

© BBC 2011

Money quiz

L1

Level B

1. Seventeen pounds, four pence should be recorded as:

A) £17.40 B) £17.04

2. The sum of 59 pence, 80 pence and two pounds, five pence is:

A) £3.89 B) £3.44 C) £3.17

3. A man spent £11.18 and paid with a £20 note. His change should be:

A) £8.82 B) £9.82 C) £9.92

4. £92.80 is greater than £17.35 by:

A) £85.55 B) £75.55 C) £75.45

© BBC 2011

Money quiz

L1

5. What is the total cost of this bill?

£ 79.47

12.32

+ 4.06

-----------

A) £85.75 B) £95.75 C) £95.85

6. Ayisha paid £29.10 for a set of 6 cushions. How much was one cushion?

A) £4.20 B) £4.35 C) £4.85 D) £4.95

7. Twenty-four people each paid £5.30 to hire a coach. The total cost was:

A) £120.40 B) £124.40 C) £126.80 D) £127.20

© BBC 2011

Money quiz

L1

8. Here is part of a council tax bill. What is the total charge for the year?

A) £996.00 B) £994.00 C) £986.00

9. Sally worked for 35 hours at £5.80 per hour and claimed travel expenses of 40p per mile for 42 miles. Which of the total amounts is correct?

A) hours total: £203 mileage cost: £16.80 total claim: £219.80 B) hours total: £203 mileage cost: £160.80 total claim: £363.80 C) hours total: £203 mileage cost: £168.00 total claim: £371.00

10. Sanjay bought a sofa by 24 monthly instalments of £41.10 . The cash price was £850. How much was the extra charge for credit?

A) £184.20 B) £136.40 C) £124.60

© BBC 2011

Money quiz

L1

Level C

1. The sum of one pound seven pence, three pounds forty-nine and thirty pounds, eight pence is:

A) £35.99 B) £35.74 C) £34.64

2. Here is part of a price list in a canteen. I bought tea, burger and chips. What was the total cost?

A) £2.15 B) £3.25 C) £3.35

3. James bought seven ready meals at £2.35 each. What was the total cost?

A) £16.45 B) £17.35 C) £18.15

4. Temo and five friends share a prize of £470 equally betweeen themselves. How much did each get, to the nearest penny?

A) £78.33 B) £94.00 C) £78.34

© BBC 2011

Money quiz

L1

5. I paid a bill for £17.67 with a £20 note. My change should be:

A) £3.33 B) £2.43 C) £2.33

6. I went to a meeting for which I claimed mileage allowance of 65 miles at 35p per mile. What was the total I claimed?

A) £38.50 B) £22.75 C) £21.75

7. Iona works part-time as a care assistant in her local area. Her mileage allowance is 33p per mile and her hourly pay is £5.80.

Last week she worked 16 hours and travelled 80 miles. What are the correct amounts for hours worked, mileage amount & total claimed?

A) £92.80, £2.64, £95.44 B) £92.80, £26.40, £119.20 C) £26.40, £95.80, £122.20

© BBC 2011

Money quiz

L1

8. Which of these amounts shows the correct amounts for net pay and total deductions?

A) £723.40, £226.60 B) £713.40, £236.60 C) £823.40, £126.50

9. Credit terms for a car costing £4 950 cash are £575 deposit and 60 months' payment at £98.70. What is the extra amount paid on credit?

A) £1 547 B) £1 059.70 C) £972

10. My council tax is £965.81 a year. After my first instalment I pay nine equal amounts of £97.00.

Work out what my first instalment is.

A) £97.51 B) £89.51 C) £92.81

© BBC 2011

Money quiz

L1

Answers

Level A

1. Fifty-nine pence should be recorded on a bill as:

The correct answer is: A. £0.59

The decimal point marks the end of the whole pounds.

2. Seven pounds five is recorded as:

The correct answer is: B. 7.05

3. The sum of £21.25 and eleven pounds, eight pence is:

The correct answer is: C. £32.33

Here's how to work it out:

£ 21.25

+ 11.08

------------

£ 32.33

4. Sam spent £7.27 and paid with a ten-pound note. His change should be:

The correct answer is: B. £2.73

You can check by adding the change to the price and seeing if you get back to £10

£2.73 + £7.27 = £10.00

© BBC 2011

Money quiz

L1

5. The sum of £95.47 and £4.71 is:

The correct answer is: B. £100.18

Here's how to work it out:

£ 95.47

+ 4.71

-------------

£ 100.18

6. Shop A charges £49.50 for an item and shop B charges £28.75. How much do you save by buying from shop B?

The correct answer is: B. £20.75

Here's how to work it out:

£ 49.50

- 28.75

----------

£ 20.75

© BBC 2011

Money quiz

L1

7. Twenty-three people each paid £5.40 for a coach trip. What was the total cost?

The correct answer is: A. £124.20

Here's how to work it out:

£ 5.40

× 23

--------------

16.20

108.00

------------

124.20

8. Eight people shared the cost of a £54 meal. How much did each pay?

The correct answer is: B. £6.75

Here's how to work it out:

£54 ÷ 8 = £6.75

9. Jude claimed travel allowance for 87 miles at 40p a mile. What was the total?

The correct answer is: C. £34.80

Here's how to work it out:

87 × £0.40 = £34.80

© BBC 2011

Money quiz

L1

10. Tara bought an item for £295.50 in cash. The credit cost would have been 12 monthly payments of £27.10.

The correct answer is: A. £325.20

Here's how to work it out:

£ 27.10

× 12

-------------

54.20

271.00

-------------

£ 325.20

£325.20

© BBC 2011

Money quiz

L1

Level B

1. Seventeen pounds, four pence should be recorded as:

The correct answer is: B. 17.04

2. The sum of 59 pence, 80 pence and two pounds, five pence is:

The correct answer is: B. £3.44

Here's how to work it out:

£ 0.59

0.80

+ 2.05

----------

£ 3.44

3. A man spent £11.18 and paid with a £20 note. His change should be:

The correct answer is: A. £8.82

Here's how to work it out:

£ 20.00

- 11.18

----------

£ 8.82

© BBC 2011

Money quiz

L1

4. £92.80 is greater than £17.35 by:

The correct answer is: C. £75.45

Here's how to work it out:

£ 92.80

- 17.35

-----------

£ 75.45

5. What is the total cost of this bill?

The correct answer is: C. 95.85

6. Ayisha paid £29.10 for a set of 6 cushions. How much was one cushion?

The correct answer is: C. £4.85

Here's how to work it out:

£29.10 ÷ 6 = £4.85

© BBC 2011

Money quiz

L1

7. Twenty-four people each paid £5.30 to hire a coach. The total cost was:

The correct answer is: D. £127.20

Here's how to work it out:

£ 5.30

× 24

------------

21.20

106.00

------------

£ 127.20

£127.20 is the right answer.

© BBC 2011

Money quiz

L1

8. Here is part of a council tax bill. What is the total charge for the year?

The correct answer is: A. £996.00

The first instalment is £105.

The next 9 instalments come to £99 × 9 = £891

These add to give the total charge

£105.00 + £891.00 = £996.00

The answer is £996.00.

© BBC 2011

Money quiz

L1

9. Sally worked for 35 hours at £5.80 per hour and claimed travel expenses of 40p per mile for 42 miles. Which of the total amounts is correct?

The correct answer is: A. hours total: £203 mileage cost: £16.80 total claim: £219.80

Here's how to work it out:

Hours total: 35 × £5.80 = £203

Mileage cost: 42 × £0.40 = £16.80

Total claim: £203 + £16.80 = £219.80

10. Sanjay bought a sofa by 24 monthly instalments of £41.10 . The cash price was £850. How much was the extra charge for credit?

The correct answer is: B. £136.40

Here's how to work it out:

The total credit charge was £41.10 × 24 which is £986.40.

The difference between the credit charge and the cash price is

£986.40 - £850 = £136.40

© BBC 2011

Money quiz

L1

Level C

1. The sum of one pound seven pence, three pounds forty-nine and thirty pounds, eight pence is:

The correct answer is: C. £34.64

Here's how to work it out:

£ 1.07

3.49

+ 30.08

----------

£ 34.64

© BBC 2011

Money quiz

L1

2. Here is part of a price list in a canteen. I bought tea, burger and chips. What was the total cost?

The correct answer is: B. £3.25

Here's how to work it out:

Tea £0.55

Burger £1.55

Chips £1.15

---------------------

Total £3.25

3. The correct answer is: A. £16.45

Here's how to work it out:

£ 2.35

× 7

----------

£ 16.45

© BBC 2011

Money quiz

L1

4. Temo and five friends share a prize of £470 equally betweeen themselves. How much did each get, to the nearest penny?

The correct answer is: A. £78.33

Here's how to work it out:

470.000 ÷ 6 = 78.333

Round 78.333 down to get the answer £78.33

Notice that each person gets £78.33. In total that's

6 × £78.33 = £469.98

So there would be 2p left over.

5. I paid a bill for £17.67 with a £20 note. My change should be:

The correct answer is: C. £2.33

Here's how to work it out:

£ 20.00

- 17.67

------------

£ 2.33

The correct answer is £2.33. (You can check it by adding your result to the amount paid. You should get back to £20.00)

© BBC 2011

Money quiz

L1

6. I went to a meeting for which I claimed mileage allowance of 65 miles at 35p per mile. What was the total I claimed?

The correct answer is: B. £22.75

Here's how to work it out:

£ 0.35

× 65

------------

1.75

21.00

------------

£ 22.75

© BBC 2011

Money quiz

L1

7. Iona works part-time as a care assistant in her local area. Her mileage allowance is 33p per mile and her hourly pay is £5.80.

Last week she worked 16 hours and travelled 80 miles. What are the correct amounts for hours worked, mileage amount & total claimed?

The correct answer is: B. £92.80, £26.40, £119.20

Here's how to work it out:

£5.80 × 16 = £92.80

and

0.33 × 80 = £26.40

The total is

£92.80 + £26.40 = £119.20

8. Which of these amounts shows the correct amounts for net pay and total deductions?

The correct answer is: A. £723.40, £226.60

Here's how to work it out: £950 - £226.60 is £723.40.

© BBC 2011

Money quiz

L1

9. Credit terms for a car costing £4 950 cash are £575 deposit and 60 months' payment at £98.70. What is the extra amount paid on credit?

The correct answer is: A. £1 547

Monthly payments are: 60 × £98.70 = £5 922

Add the deposit to this: £575 + £5 922 = £6 497

Now find the difference: £6 497 - £4 950 = £1 547

10. My council tax is £965.81 a year. After my first instalment I pay nine equal amounts of £97.00.

Work out what my first instalment is.

The correct answer is: C. £92.81

The last nine instalments come to

£97.00 × 9 = £873

Now take this from the total to find what the first instalment must be.

£965.81 - £873.00 = £92.81

So the first instalment is £92.81.