Mathematics questions, unit 3
Nama / NameKelas / ClassTarikh / Date
Money
45 marks. Use Practice to check each answer as you go, or Exam to answer everything first.
Section A: objective questions
11 marksChoose the correct answer.
1
Question 1
A shopkeeper buys a table for RM840 and sells it for RM1 015. What is his profit?
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A
Profit = selling price − cost price = RM1 015 − RM840 = RM175.
2
Question 2
Hana buys a bag for RM65 and sells it for RM58. How much is the loss?
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B
Selling price is less than cost price, so there is a loss. Loss = RM65 − RM58 = RM7.
3
Question 3
A jacket has an original price of RM240. There is a discount of 25%. What is the price after the discount?
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C
Discount = 25% × RM240 = RM60. Price after discount = RM240 − RM60 = RM180. (RM60 is only the discount.)
4
Question 4
A portrait priced at RM10 850 is sold at a discount of 12%. What is the discount value?
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D
12% × RM10 850 = 12/100 × RM10 850 = RM1 302. RM9 548 is the price after the discount.
5
Question 5
A restaurant bill is RM85. Service tax of 6% is added. What is the total payment?
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A
Service tax = 6% × RM85 = RM5.10. Total payment = RM85 + RM5.10 = RM90.10.
6
Question 6
Kim saves RM50 000 in a bank for 1 year. The interest rate is 1.5% per annum. How much interest does she receive?
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B
Interest = 1.5% × RM50 000 = 1.5/100 × 50 000 = RM750.
7
Question 7
Which of these is a liability?
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C
A liability is money that is owed, such as a loan. The other three are assets.
8
Question 8
Which statement about takaful is correct?
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D
Takaful follows the contribution concept and is syariah compliant. The risks are borne by the participants in groups.
9
Question 9
A television has a cost price of RM4 699. It is sold at a loss of RM250. What is the selling price?
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A
With a loss, selling price = cost price − loss = RM4 699 − RM250 = RM4 449.
10
Question 10
A festive season gives a 15% toll rebate. The usual toll fare is RM64. How much must be paid?
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B
Rebate = 15% × RM64 = RM9.60. Fare to pay = RM64 − RM9.60 = RM54.40. (Or 85% × RM64 = RM54.40.)
11
Question 11
Diagram 1 shows an invoice. What is the total payment?
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C
Total = RM260 + RM300 = RM560. Sales discount = 10% × RM560 = RM56. Total payment = RM560 − RM56 = RM504.
Section B: structured questions
34 marksAnswer all questions. Show your working.
12
Question 12
Answer these about profit and loss.
[1 mark]
(a)A cooker costs RM2 000 and is sold for RM2 400. Calculate the profit.
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[1 mark]
(b)A phone costs RM8 230 and is sold for RM7 895. Calculate the loss.
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[1 mark]
(c)A watch is sold for RM950.50 and the profit is RM240. What is its cost price?
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13
Question 13
Diagram 2 shows a receipt from a cafe. The total, the service tax and the balance are not shown.
[1 mark]
(a)Calculate the total price of the items.
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[1 mark]
(b)Calculate the service tax of 6%.
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[1 mark]
(c)What is the total payment?
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[1 mark]
(d)The customer pays RM50. How much is the balance?
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14
Question 14
A fan is sold at an original price of RM380 with a discount of 15%. Maya also has a voucher of RM20 which she uses after the discount.
[1 mark]
(a)Calculate the value of the discount.
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[1 mark]
(b)What is the price after the discount?
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[1 mark]
(c)How much does Maya pay after using her voucher?
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15
Question 15
Siti saves RM6 500 in a bank at an interest rate of 2% per annum. Ravi invests RM4 000 in a unit trust with a dividend rate of 7.5% per annum. Both are for 1 year.
[1 mark]
(a)How much interest does Siti receive?
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[1 mark]
(b)How much is Siti's total savings after 1 year?
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[1 mark]
(c)Calculate the dividend that Ravi receives.
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16
Question 16
| Mr Chong's assets | RM | Mr Chong's liabilities | RM |
|---|---|---|---|
| House | 180 000 | Home loan | 95 000 |
| Savings | 12 500 | Car loan | 18 000 |
| Car | 35 000 | Credit card debt | 2 400 |
[1 mark]
(a)Calculate the total assets.
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Tick each point you got.
[1 mark]
(b)Calculate the total liabilities.
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[1 mark]
(c)How much more are his assets than his liabilities?
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17
Question 17
| Vegetable | Cost price per kg | Profit per kg |
|---|---|---|
| Spinach | RM3 | RM1 |
| Chilli | RM8 | RM2 |
[1 mark]
(a)What is the selling price of 1 kg of chilli?
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[1 mark]
(b)How much does he spend on buying the vegetables?
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[1 mark]
(c)Calculate his total profit if he sells all the vegetables.
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[1 mark]
(d)Check your answer by finding the total selling price.
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18
Question 18
The Rahman family stays at a hotel for 3 nights. The room rate is RM260 for one night and service tax of 6% is charged. They pay with RM1 000 and use two food vouchers of RM50 each.
[1 mark]
(a)Calculate the room rate for 3 nights.
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[1 mark]
(b)Calculate the service tax.
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[1 mark]
(c)What is the total payment including service tax?
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[2 marks]
(d)How much balance do they receive after using the two vouchers?
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Tick each point you got.
19
Question 19
Puan Lim wants to buy an air conditioner. Shop A sells it at RM2 400 with a discount of 20%. Shop B sells it at RM2 300 with a rebate of RM350.
[1 mark]
(a)How much is the price in Shop A?
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[1 mark]
(b)How much is the price in Shop B?
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[1 mark]
(c)Which shop is cheaper?
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Shop A
RM1 920 is less than RM1 950.
[1 mark]
(d)How much does she save by buying in the cheaper shop?
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Tick each point you got.
20
Question 20
Takaful and insurance both give protection.
[2 marks]
(a)State two ways in which insurance or takaful is important.
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Tick each point you got.
21
Question 21
| Menu | Price |
|---|---|
| Nasi goreng | RM9.00 |
| Sandwich | RM6.00 |
| Teh ais | RM2.50 |
| Cake | RM4.50 |
[1 mark]
(a)Write the items, quantities and total price of your bill.
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[2 marks]
(b)Calculate the service tax and the total payment.
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