Q.1
It costs a shop £1 to buy an article which it then sells at a profit. If the shop wants to make a 400% profit on the sale of the article, how much must it sell it for?
  • £5
  • £4
  • £8
  • £6
Q.2
A fine for late payment is charged at 1% per day on the money owed. If someone owes £250, how much will the fine be after one day?
  • £25.0
  • £2.50
  • £250
  • £0.25
Q.3
Super Stores is giving a 50% discount on certain electrical items. If a 'Frosty' fridge sells for £548, what will it sell for if there is a 50% discount on it?
  • £274
  • £498
  • £247
  • £137
Q.4
Peter is going on holiday to Germany next week, so he decides to change £500 into Euros (€). If £1 = €1.2, how many Euros will he get?
  • €417
  • €60
  • €6,000
  • €600
Q.5
Sally gets a salary of £14,560 per annum (per year). She has now been told that she has to take a 10% reduction in her salary. How much will she earn per annum after the 10% reduction?
  • £13,410
  • £13,401
  • £13,140
  • £13,104
Q.6
Mark has put £3,500 into a savings account. If he doesn't remove his money for 1 year, he will earn an interest of 2%. How much in pounds is 2% interest?
  • £7
  • £70
  • £700
  • £7,000
Q.7
Sofia has just arrived in the UK from Italy, and she wants to change her Euros into pounds sterling: the exchange rate is £1 = €1.If she changes €1,200, how many pounds sterling will she get?
  • £1,440
  • £144
  • £1,000
  • £100
Q.8
James inherited 75% of his grandfather's money. If his grandfather left £125,000, how much did James inherit?
  • £93,750
  • £93,650
  • £93,550
  • £93,250
Q.9
Paul has just arrived in the USA from the UK, and he wants to change his pounds sterling into US dollars: the exchange rate is £1 = $1.If he changes £2,500, how many US dollars will he get?
  • $1,562.50
  • $4,000
  • $400
  • $156.25
Q.10
Janet got £12.19 in change from a £50 note after she had bought three items that each cost the same price. How much did each item cost?
  • £16.20
  • £12.60
  • £11.19
  • £37.81
0 h : 0 m : 1 s