Year 9 5.2 Financial Mathematics

2.8% as a decimal is:

• 2.8

• 0.28

• 0.028

• 0.0028

• 280

What percentage of $2 is 50 cents?

• 4%

• 40%

• 25%

• $2\ \frac{1}{2}\%$

• 400%

 $12\ \frac{1}{2}\%\ as\ a\ simple\ fraction\ is:$  

•  $\frac{12}{100}$  

•  $\frac{1}{8}$  

•  $\frac{3}{25}$  

• 0.125

• 12.5

 $33\ \frac{1}{3}\%\ of\ \text{660 is the same as:}$  

•  $\text{660 }\div2$  

•  $\text{660}\times0.3$  

•  $\text{660}\times0.03$  

•  $660\div3$  

•  $660\div\frac{1}{3}$  

15% of $1600 is equal to:

• 24

• 150

• $240

• $24

• 240

If 110% of a number is 528, then the number is:

• 475.2

• 52.8

• 480

• 580.8

• 475

9670 increased by 12% becomes:

• 9682

• 9658

• 10830.4

• 1160.4

• 8509.6

Jane is paid a wage of $7.80 per hour. She works 12 hours at this rate during a week, plus 4 hours on a public holiday when she gets paid at time and half. Her earnings in

the week are:

• $140.40

• $124.80

• $109.20

• $156

• $62.40

Simon earns a weekly retainer of $370 and 12% commission of any sales he makes. If he makes

$2700 worth of sales in a particular week, he will earn:

• $595

• $652

• $694

• $738.40

• $649.60

$1200 is increased by 10% for two years with simple interest. The total balance at the end

of the two years is:

• $252

• $1452

• $1450

• $240

• $1440