Name: Class: Date:

Maths P5: Activity 1 (T4)

GST, Discount and Annual Interest

1. Find the amount to be paid for each item including GST.

Item Amount of GST and total amount

to be paid (including 7% GST)

Amount of GST =

Total amount to be paid

=
(a)
refrigerator
Price: $580

Amount of GST =

(b)
Total amount to be paid
camera =
Price: $725

Amount of GST =
(c)

air conditioner
Price: $2720 Total amount to be paid
=
2. Find thee amount of discount and the price of each item after discount.

Item Discount and Price after discount

(a)
Discount =

smart watch
Usual Price: $368
Discount: 15%
Price after discount =

(b)
Discount =

televsion set
Usual Price: $1495
Discount: 38% Price after discount =

3. Find the amount of interest paid by each bank and the total savings at the
end of one year.
 Amount deposited in Bank Interest paid and totl savings

(a) Bank A Interest =

1.5% interest
Deposit: $3000
Total savings =

Interest =
(b)Bank B

2% interest
Total savings =
Deposit: $20 000

Word Problems

Solve the word problems.

4. A washing machine costs $780 before GST.

(a) How much is the GST?
(b) How much does Mrs Lim have to pay for the washing machine after adding
7% GST?

5. Daisy deposited $2000 at a bank which paid her an interest of 0.5% per year.
(a) How much interest did she get at the end of one year?
 (b) How much would she have altogether in the account at the end of one
year?

6. The usual price of a dining set was $1690. During a sale,

Mrs Sim bought the dining set at a discount of 35%.
(a) How much was the discount?

(b) How much did Mrs Sim pay for the dining set?

7. The usual price of a bicycle was $495.

Gary bought the bicycle at a discount of 20%. He had to pay 7% GST

on the discounted price.

(a) What was the price of the bicycle after discount?

(b) What was the price of the bicycle including GST?

8. During a sale, Shop X and Shop Y provided different discounts

as shown in the table.

Shop X Shop Y
 $15 off for every $100 spent. 12% storewide discount.

Item A and Item B which Galen wanted to buy were on sale in both shops.

The usual price of Item A was $240 and the usual price for Item B was $500.

(a) Which shop should Galen buy the 2 items from?

(b) How much would Galen have saved?

Show the working in the space below.

Shop X

Shop Y