Money (Copy)
Practice Questions — 1.16 Money
Question 1
A book costs Rs. 850. How much will 7 such books cost?
Question 2
A worker earns Rs. 960 per day. How much will he earn in 26 days?
Question 3
A pencil costs Rs. 15. How many pencils can be bought with Rs. 450?
Question 4
A shirt costs Rs. 1750. A discount of 12% is given. What is the selling price?
Question 5
Ali spends Rs. 4200 on rent, Rs. 3100 on food, and Rs. 2800 on bills each month. How much does he spend in total per year?
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
Question 6
A toy is marked at Rs. 2400 but sold with a discount of Rs. 360. Find the percentage discount.
Question 7
A man buys 12 pens for Rs. 480 and sells them at Rs. 55 each. Find his profit.
Question 8
A student saves Rs. 125 every month. How much does he save in 2 years?
Question 9
The cost of 15 kg of rice is Rs. 5250. Find the cost of 8 kg of rice.
Question 10
The exchange rate is 1 USD = Rs. 278. Convert Rs. 55 600 into USD.
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
Question 11
Convert USD 450 into rupees when 1 USD = Rs. 278.
Question 12
A shopkeeper bought goods worth Rs. 35 000. He sold them for Rs. 42 000. Find the profit percentage.
Question 13
A worker earns Rs. 540 for 6 hours. Find his hourly wage.
Question 14
A mobile phone costs Rs. 135 000. It decreases in value by 12% per year. What will its value be after 1 year?
Question 15
An air ticket from Karachi to Dubai costs Rs. 74 500. Convert this into USD at 1 USD = Rs. 278.
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
Question 16
The price of a bag is Rs. 3800. It is increased by 15%. What is the new price?
Question 17
A family spends Rs. 82 000 in a month. How much do they spend in 9 months?
Question 18
A car costs USD 18 500. Convert this into rupees at 1 USD = Rs. 278.
Question 19
A student pays Rs. 3200 as monthly tuition. Find the total tuition fee for 2 years.
Question 20
A jacket costs Rs. 11 500. If the price increases by 8%, what will the new price be?
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
Question 21
The exchange rate is £1 = Rs. 360. Convert £500 into rupees.
Question 22
Convert Rs. 108 000 into pounds at £1 = Rs. 360.
Question 23
A man buys a TV for Rs. 84 000 and sells it at a loss of 15%. Find the selling price.
Question 24
A woman bought a gold necklace for Rs. 185 000 and sold it for Rs. 220 000. Find her profit percentage.
Question 25
A school receives a donation of USD 12 000. Convert it into rupees at 1 USD = Rs. 278.
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
Question 26
A man earns Rs. 92 000 monthly. His salary increases by 7%. Find his new salary.
Question 27
The cost of 9 m of cloth is Rs. 4950. Find the cost of 15 m of cloth.
Question 28
A farmer sells 120 kg of wheat for Rs. 7200. Find the price of 1 kg of wheat.
Question 29
A hotel charges Rs. 13 500 for 5 nights. How much will it charge for 12 nights?
Question 30
A man has Rs. 250 000. He converts half into US dollars at 1 USD = Rs. 278. How many dollars does he get?
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
Answer key and explanations — 1.16 Money
1.
850 × 7 = Rs. 5950
Explanation: Multiply unit price by quantity.
2.
960 × 26 = Rs. 24 960
Explanation: Daily wage × days worked.
3.
450 ÷ 15 = 30 pencils
Explanation: Total ÷ cost per item.
4.
12% of 1750 = 210
Selling price = 1750 − 210 = Rs. 1540
5.
Monthly = 4200 + 3100 + 2800 = 10 100
Yearly = 10 100 × 12 = Rs. 121 200
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
6.
Discount % = 360 ÷ 2400 × 100 = 15%
7.
Cost = 480, Selling = 12 × 55 = 660
Profit = 660 − 480 = Rs. 180
8.
125 × 24 = Rs. 3000
Explanation: Monthly saving × number of months.
9.
1 kg = 5250 ÷ 15 = 350
8 × 350 = Rs. 2800
10.
55 600 ÷ 278 = USD 200
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
11.
450 × 278 = Rs. 125 100
12.
Profit = 42 000 − 35 000 = 7000
% Profit = 7000 ÷ 35 000 × 100 = 20%
13.
540 ÷ 6 = Rs. 90/hour
14.
Decrease = 12% of 135 000 = 16 200
Value = 135 000 − 16 200 = Rs. 118 800
15.
74 500 ÷ 278 ≈ USD 268
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
16.
Increase = 15% of 3800 = 570
New price = 3800 + 570 = Rs. 4370
17.
82 000 × 9 = Rs. 738 000
18.
18 500 × 278 = Rs. 5 143 000
19.
3200 × 24 = Rs. 76 800
20.
Increase = 8% of 11 500 = 920
New price = 11 500 + 920 = Rs. 12 420
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
21.
500 × 360 = Rs. 180 000
22.
108 000 ÷ 360 = £300
23.
Loss = 15% of 84 000 = 12 600
Selling price = 84 000 − 12 600 = Rs. 71 400
24.
Profit = 220 000 − 185 000 = 35 000
% Profit = 35 000 ÷ 185 000 × 100 ≈ 18.9%
25.
12 000 × 278 = Rs. 3 336 000
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course
26.
Increase = 7% of 92 000 = 6440
New salary = 92 000 + 6440 = Rs. 98 440
27.
1 m = 4950 ÷ 9 = 550
15 × 550 = Rs. 8250
28.
Price per kg = 7200 ÷ 120 = Rs. 60/kg
29.
1 night = 13 500 ÷ 5 = 2700
12 × 2700 = Rs. 32 400
30.
Half of 250 000 = 125 000
125 000 ÷ 278 ≈ USD 450
Written and Compiled By Sir Hunain Zia, World Record Holder With 154 Total A Grades, 7 Distinctions and 11 World Records For Educate A Change O Level And IGCSE Mathematics Full Scale Course