SQA National 5 Applications of Mathematics Finance quiz quiz

A worker earns $\pounds 12$ per hour for $36$ hours. What is the basic weekly pay?

Overtime is paid at time and a half. What is the overtime rate for a basic rate of $\pounds 10$?

Gross pay is $\pounds 2000$ with deductions of $\pounds 250$, $\pounds 120$ and $\pounds 90$. What is the net pay?

An annual salary is $\pounds 30\,000$. What is the monthly pay?

Income is $\pounds 900$ and expenditure is $\pounds 1050$. What is the financial position?

A shop buys an item for $\pounds 50$ and sells it for $\pounds 65$. What is the percentage profit?

Add $20\%$ VAT to a net price of $\pounds 80$.

A $500$ g pack costs $\pounds 3.00$ and a $750$ g pack costs $\pounds 4.20$. Which is better value per gram?

With \pounds 1 = \1.25$, convert$\pounds 200$ to dollars.

With \pounds 1 = \1.25$, convert$\$100$ back to pounds.

Find the simple interest on $\pounds 800$ at $5\%$ for $2$ years.

Which multiplier is used for $4\%$ compound interest per year?

$\pounds 1000$ is invested at $2\%$ compound interest for $2$ years. What is the total?

A car depreciates by $10\%$ each year. Which multiplier models this?

Hire purchase is a deposit of $\pounds 100$ plus $12$ payments of $\pounds 25$. What is the total cost?

A cash price is $\pounds 500$; hire purchase totals $\pounds 560$. How much more does hire purchase cost?