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Financial Maths: Quiz 1 - Answers
Financial Maths: Quiz 1 - Answers
Part A
1)
a) £80
b) £40
c) £24
d) £36
e) £16
f) £44
g) £54
2)
a) £22
b) £38.50
c) £16.50
d) £24.75
e) £13.75
f) £41.25
3)
a) £84
b) £66
c) £39
d) £117
e) £72
f) £99
g) £60
h) £360
Part B
1)
a) £631.81
b) £867.56
c) £808.62
d) £1293.80
2)
a) £93.29
b) £67.51
c) £107.53
d) £101.39
e) £140.18
1)
a) £80
b) £40
c) £24
d) £36
e) £16
f) £44
g) £54
2)
a) £22
b) £38.50
c) £16.50
d) £24.75
e) £13.75
f) £41.25
3)
a) £84
b) £66
c) £39
d) £117
e) £72
f) £99
g) £60
h) £360
Part B
1)
a) £631.81
b) £867.56
c) £808.62
d) £1293.80
2)
a) £93.29
b) £67.51
c) £107.53
d) £101.39
e) £140.18
Working
Questions
Part A
Answer the following questions without using a calculator.
1) A worker gets paid £8 an hour. How much would they earn…
a) if they worked a 10-hour shift
b) if they worked a 5-hour shift
c) if they worked a 3-hour shift
d) if they worked a 4.5-hour shift
e) if they worked for 120 minutes
f) if they worked for 330 minutes
g) if they worked for 405 minutes
2) A worked gets paid £5.50. How much would they earn if they earn…
a) if they worked for 4 hours
b) if they worked for 7 hours
c) if they worked between 10am and 1pm
d) if they worked from 13:00 to 17:30 (24-hour clock)
e) if they worked for 150 minutes
f) if they worked for 450 minutes
3) A worked gets paid £12 an hour. How much would they earn…
a) if they work if they worked for 7 hours
b) if they worked 5.5 hours
c) if they worked for 3.25 hours
d) if they worked for 9 hours and 45 minutes
e) if they worked from 8am to 2pm
f) if they worked from 12:30 to 20:45 (24-hour clock)
g) If they worked from 22:00 to 3:00 (24-hour clock)
h) if they worked 5 days and completed a 6 hour shift each day
Part A
Answer the following questions without using a calculator.
1) A worker gets paid £8 an hour. How much would they earn…
a) if they worked a 10-hour shift
b) if they worked a 5-hour shift
c) if they worked a 3-hour shift
d) if they worked a 4.5-hour shift
e) if they worked for 120 minutes
f) if they worked for 330 minutes
g) if they worked for 405 minutes
2) A worked gets paid £5.50. How much would they earn if they earn…
a) if they worked for 4 hours
b) if they worked for 7 hours
c) if they worked between 10am and 1pm
d) if they worked from 13:00 to 17:30 (24-hour clock)
e) if they worked for 150 minutes
f) if they worked for 450 minutes
3) A worked gets paid £12 an hour. How much would they earn…
a) if they work if they worked for 7 hours
b) if they worked 5.5 hours
c) if they worked for 3.25 hours
d) if they worked for 9 hours and 45 minutes
e) if they worked from 8am to 2pm
f) if they worked from 12:30 to 20:45 (24-hour clock)
g) If they worked from 22:00 to 3:00 (24-hour clock)
h) if they worked 5 days and completed a 6 hour shift each day
Part B
You may use a calculator for the following questions.
1) A worker gets paid £9.43 per hour. How much would they get paid if they worked:
a) 67 hours
b) 92 hours
c) 85.75 hours
d) 137.2 hours
2) A work gets paid £14.73 per hour. How much would they get paid…
a) if they worked between 1pm and 7.20pm
b) if they worked between 10am and 2:35pm
c) if they worked between 11:20 and 18:38 (24-hour clock)
d) if they worked between 17:33 and 0:26 the next day (24-hour clock)
e) if they worked between 10:52am and 8:23pm
You may use a calculator for the following questions.
1) A worker gets paid £9.43 per hour. How much would they get paid if they worked:
a) 67 hours
b) 92 hours
c) 85.75 hours
d) 137.2 hours
2) A work gets paid £14.73 per hour. How much would they get paid…
a) if they worked between 1pm and 7.20pm
b) if they worked between 10am and 2:35pm
c) if they worked between 11:20 and 18:38 (24-hour clock)
d) if they worked between 17:33 and 0:26 the next day (24-hour clock)
e) if they worked between 10:52am and 8:23pm