Chapter 5 - Financial literacy

Match the clue with the best answer

• rate

• ____ is based only on the principal amount of the loan or deposit

• simple interest

• A hen can lay eggs at a ___ of 6 eggs per week

• average speed

• 1 CAD = 80 JPY is an example of an

  _____

  (CAD are Canadian dollars; JPY are Japanes Yen)

• exchange rate

• A leopard can run at an ___ of 58 kilometres per hour

Express ¹⁷/₂₀ as a percentage

Express 0.02 as a percentage

Express 0.9 as a percentage

Express the percentages as fractions

• ²¹³/₅₀₀

• ^42.6%

• ¹³/₄₀₀

• 75%

• ²/₃

• ^66%

• ³/₄

• ^3.25%

What is the total cost of a $180 item after 13% tax?

How much will a person pay if their $205 000 plane is hit with a 25% luxury tax?

Michael Jordan makes 5% of all Nike Air Jordan sales. If a pair of shoes is $199.00, how much does Michael Jordan make per pair of shoes sold?

If I make $480 per day selling lemonade at a park. How much do I make after paying the city 10% of my earnings?

Ubisoft can produce 300 video game discs in 15 minutes. How many video game disc does Ubisoft print per minute?