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GR 10 Practise Quiz - Financial Maths Flashcards | StudBud
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GR 10 Practise Quiz - Financial Maths
GR 10 Practise Quiz - Financial Maths
10 terms
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A thorough revision of the Financial Maths section from Grade 10 Mathematical Literacy.
Flashcards
10 cards
F
Practice quiz
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Host live
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Questions
10
Answers
1
Last year the price of the pizza increased by 8.25% to give its current price of R59.99. Calculate the price last year.
R4.95
R55.42
R55.04
None of these answers.
2
The pizza currently costs R59.99. If the price rose by 7.9% over the next year, calculate its new price next year.
None of these answers.
R64.73
R65.14
R55.60
3
The shoes seen in the picture cost R1 599
including
VAT. What did they cost before VAT was added?
R1 359.15
R1 584
R1 838.85
R1 390.43
4
This car is currently worth R249 000. What will it be worth in a years time if it depreciates by 7.6%?
R230 076
R19 924
None of these answers.
R231 412.64
5
Calculate your monthly repayment. You bought the fridge for R6 999 and paid it off over 3 years @ 11.2%.
R6 726.82
R783.89
R259.74
R194.42
6
Paul wants a new pair of shoes which cost R1 800. The shop has a 25% off sale. Calculate the new cost of the shoes.
R1 775
R1 350
R1 500
R1 550
7
A car depreciated by 9.1% to give its current value of R249 000. Calculate the value of the car before it depreciated.
R2 736 263.74
None of these answers.
R273 927.39
R271 659
8
The T.V below cost R3 950. How long did you take to pay the T.V off if you paid R1 185 in interest @ 10% p.a.?
3.5 years
3 years
2 years
4 years
9
The Go Pro Camera seen below costs R4 999
excluding
VAT. How much VAT would you have paid on the camera?
R699.86
R749.85
R5 748.85
R652.04
10
Johnny bought this bike for R12 500 last year this time. Today the same bike costs R13 150. Calculate the % increase.
4.94%
R650
10%
5.2%
