Year 8 - 5th October

Ahmad bought a second-hand car for $45 000. He later sold it to his friend for $44 100. Is it a loss or profit?

• Loss

• Profit

• None of the above

• Both Loss and Profit

Ahmad bought a second-hand car for $45 000. He later sold it to his friend for $44 100. What was his profit or loss in percent?

• 2 %

• 2.04 %

• 0.02

A land broker sold a piece of land at a price of $165 500. If his cost price was $150 000, calculate his profit.

• $15 500

• 10.3 %

• $315 500

A bank pays interest at 3% per annum. Hassan has $2 400 in the bank. How much interest will he receive at the end of $2\frac{1}{2}$  years?

• $180

• $18 000

A ball costs $16.00 and was sold at a loss of 25%. How much does the ball sells?

• $12

• $4

• $20

Ahmad bought a refrigerator for $1 320. He paid a deposit of 5%. How much does he still owe the seller?

• $1 254

• $66

• $1 386

Calculate the total cost of 650g of dried mushrooms at $25 per kg.

• $16.25

• $162.50

• $1625.00

A man's monthly salary is $500. If it is increased by 15%, what will be his new salary?

• $575

• $75

• $425

• $515

A man deposited $3 500 in a bank and $140 interest was added at the end of the first year. Calculate the rate.

• 4%

• 25%

• 0.04%

Idayu is a salesman. She is paid basic salary of $32.15 per day plus 4.5% in commission on goods sold. She only worked for 26 days a month. How much was her monthly basic salary? [Do not put any unit ($) in your answer and give your answer to 2 decimal places]