Salick Academy

Consumer Arithmetic

45 min readCalculator allowedNeeds: number theory and computation

Original questions written at exam standard. Work each one before you open the solution.

Difficulty
Question 1 Foundation
Find 15%15\% of $240\$240.
Question 2 Foundation
A shirt costs $60\$60 and is sold for $75\$75. Find the percentage profit.
Question 3 Standard
Find the simple interest on $4000\$4000 at 5%5\% per annum for 3 years.
Question 4 Standard
Divide $450\$450 in the ratio 4:54 : 5.
Question 5 Stretch
$5000\$5000 is invested at 6%6\% per annum compound interest. Find the amount after 3 years.
Question 6 Stretch
A worker is paid $18\$18 per hour for a basic 40-hour week, with overtime at time-and-a-half. In one week she works 46 hours. Find her wage.