myUASARevision for UASA
Mathematics questions, unit 3

Money

45 marks. Use Practice to check each answer as you go, or Exam to answer everything first.

Section A: objective questions

11 marks
Choose 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.
For the teacher: Remembering, low difficulty, standard 3.1.1
Textbook p. 103
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.
For the teacher: Remembering, low difficulty, standard 3.1.1
Textbook p. 104
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.)
For the teacher: Understanding, low difficulty, standard 3.1.1
Textbook p. 107
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.
For the teacher: Applying, medium difficulty, standard 3.1.1
Textbook p. 135
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.
For the teacher: Applying, medium difficulty, standard 3.1.2
Textbook p. 114
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.
For the teacher: Applying, medium difficulty, standard 3.1.2
Textbook p. 118
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.
For the teacher: Understanding, low difficulty, standard 3.2.1
Textbook p. 120
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.
For the teacher: Understanding, low difficulty, standard 3.2.1
Textbook p. 121
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.
For the teacher: Applying, low difficulty, standard 3.1.1
Textbook p. 106
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.)
For the teacher: Applying, low difficulty, standard 3.1.2
Textbook p. 109
11

Question 11

Diagram 1 shows an invoice. What is the total payment?
Invoice: 40 exercise books at RM6.50 is RM260.00, 25 plastic files at RM12.00 is RM300.00, total RM560.00, sales discount 10%, total payment not shown
Diagram 1
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C
Total = RM260 + RM300 = RM560. Sales discount = 10% × RM560 = RM56. Total payment = RM560 − RM56 = RM504.
For the teacher: Analysing, medium difficulty, standard 3.1.2
Textbook p. 127

Section B: structured questions

34 marks
Answer 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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Tick each point you got.
[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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Tick each point you got.
For the teacher: Remembering, low difficulty, standard 3.1.1
Textbook p. 104
13

Question 13

Diagram 2 shows a receipt from a cafe. The total, the service tax and the balance are not shown.
Receipt: 3 nasi lemak at RM4.50, 2 ice lemon tea at RM3.00, 2 fried noodles at RM7.50, service tax 6%, cash RM50; totals not shown
Diagram 2
[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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For the teacher: Applying, low difficulty, standard 3.1.2
Textbook p. 114
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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For the teacher: Applying, low difficulty, standard 3.1.2
Textbook p. 107
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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For the teacher: Applying, low difficulty, standard 3.1.2
Textbook p. 117
16

Question 16

Mr Chong's assetsRMMr Chong's liabilitiesRM
House180 000Home loan95 000
Savings12 500Car loan18 000
Car35 000Credit card debt2 400
[1 mark] (a)Calculate the total assets.
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[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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For the teacher: Understanding, low difficulty, standard 3.2.1
Textbook p. 129
17

Question 17

VegetableCost price per kgProfit per kg
SpinachRM3RM1
ChilliRM8RM2
A stall owner buys 12 kg of spinach and 6 kg of chilli.
[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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For the teacher: Analysing, medium difficulty, standard 3.3.1
Textbook p. 125
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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For the teacher: Analysing, medium difficulty, standard 3.3.1
Textbook p. 128
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.
For the teacher: Evaluating, high difficulty, standard 3.1.2
Textbook p. 135
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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For the teacher: Understanding, low difficulty, standard 3.2.2
Textbook p. 122
21

Question 21

MenuPrice
Nasi gorengRM9.00
SandwichRM6.00
Teh aisRM2.50
CakeRM4.50
Aiman has RM25. Create a bill with at least three items so that the total payment, including 6% service tax, is not more than RM25.
[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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Tick each point you got.
For the teacher: Creating, medium difficulty, standard 3.1.2
Textbook p. 115