Name
Consumer Arithmetic Quiz
Complete all questions , showing ALL the working done in the space provided.
Jamie buys 4 kg of sweets to sell.
He pays $10 for the sweets.
Jamie puts all the sweets into bags.
He puts 200 g of sweets into each bag.
He sells each bag of sweets for $0.75
Jamie sells all the bags of sweets.
Find his percentage profit made.
Form
In a grocery store, a $12 case of soda is la-
beled, "Get a 20% discount."
a) What is the discount?
b) What is the sale price of the case of soda?
Date .
If the sales tax rate is 7.375% in a country you
visit , then
A) how much sales tax would you pay for a
$340. suit ?
B) What will be the final cost of the suit to
you ?
C) You later decide to sell the suit because it
didn’t fit well. You applied an 18% markup
on what you paid. How much do you sell it
for ?
 Complete all questions , showing ALL the working done in the space provided.

Mr McInally wants to buy a new Faye borrowed $9 600 at 8% per annum compound interest for 5 years.
(i) How much did the bank expect to be paid to them after the 5 years ?
Lexus. Since he is such a good
customer, they are going to give him a
great deal.
He can get the car for a deposit of $4,000 then pay 36
monthly payments of $349.95.
(ii) Calculate the interest on the loan for the first year.
How much will Mr McInally’s car cost in total?

At the end of the first year , Faye repaid $4 368.

(iii) How much did she still owe at the beginning of the second year ?

(iv) Calculate the interest on the remaining balance for the second year.