Intensif Beasiswa

ACS, MGS dan ASEAN

Money
Tanggal 16 Juni 2022
Cost Price, Sell Price, Profit and Loss
𝑆𝑒𝑙𝑙 𝑃𝑟𝑖𝑐𝑒=𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒+𝑃𝑟𝑜𝑓𝑖𝑡

𝑆𝑒𝑙𝑙 𝑃𝑟𝑖𝑐𝑒=𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒 − 𝐿𝑜𝑠𝑠

𝑃𝑟𝑜𝑓𝑖𝑡=% 𝑃𝑟𝑜𝑓𝑖𝑡 ×𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒

𝐿𝑜𝑠𝑠=% 𝐿𝑜𝑠𝑠× 𝐶𝑜𝑠𝑡 𝑃𝑟𝑖𝑐𝑒

Discount
The price before discount = M.
The price after discount = N.
Discount = D.
% discount = %D.

𝐷=% 𝐷 × 𝑀
𝑁 =( 1− % 𝐷 ) × 𝑀
𝑁 =𝑀 − 𝐷
Tax
• The price before tax = M.
• The price after tax = N.
• Tax = T.
• % tax = %T.
• Example: GST.

𝑇 =% 𝑇 × 𝑀
𝑁 =( 1+% 𝑇 ) × 𝑀
𝑁 =𝑀+𝑇
Simple Interest

𝑥
𝑆𝑖𝑚𝑝𝑙𝑒 𝑖𝑛𝑡𝑒𝑟𝑒𝑠𝑡 = ×𝑀×𝑡
100

𝑇𝑜𝑡𝑎𝑙𝑎𝑚𝑜𝑢𝑛𝑡=𝑀 +𝑆𝑖𝑚𝑝𝑙𝑒 𝑖𝑛𝑡𝑒𝑟𝑒𝑠𝑡

Compound Interest

( )
𝑡
𝑥
𝑇𝑜𝑡𝑎𝑙 𝑎𝑚𝑜𝑢𝑛𝑡 =𝑀 × 1+
100

( )
𝑛𝑡
1 𝑥
𝑇𝑜𝑡𝑎𝑙 𝑎𝑚𝑜𝑢𝑛𝑡 =𝑀 × 1+ ×
𝑛 100

𝐶𝑜𝑚𝑝𝑜𝑢𝑛𝑑 𝑖𝑛𝑡𝑒𝑟𝑒𝑠𝑡=𝑇𝑜𝑡𝑎𝑙 𝑎𝑚𝑜𝑢𝑛𝑡 − 𝑀

Currently Conversion
Latihan Soal
Soal 1
At a storewide sale, a ZiNG bag costs $24 after 20% discount.
a. Find the original price of the bag.
b. Kenji has a member card which allows him to get an
additional 10% off the discounted price. Is he able to buy the
bag if only has $20? Show yout working to support your
answer.
Soal 2
A man bought 24 boxes of apples at $35 per box. There were
120 apples in each box. A total of 80 apples were found to be
rotten and could not be sold. If he wanted to make a profit of
$140, what would be the selling price of each apple?
Soal 3
The cost of manufacturing a car is $40 000.
a. It was sold to a distributor at a profit of 25%. Calculate the
amount the distributor paid for the car.
b. The distributor then sold the car to Carter at a loss of 20%.
Calculate the amount Carter paid for the car.
c. Carter sold his car few years later at a price of $49 800. Calculate
the increase in the value of the car as a percentage of the price he
paid for it.
Soal 4
Candice worked in London as a software engineer in 2008. In 2008,
her monthly income was £4300.
a. Given that the exchange rate of British pounds to Singapore dollars
is , find her total income in 2008 in Singapore dollars.
b. Her monthly income is divided between her rental, living expenses,
savings and allowance for her parents in the proportion . Calculate
the amount she gives her parents every month in Singapore dollars.
c. In 2009, she was given a pay raise of 14%. What is her total income
in British pounds in the first half of 2009?
d. In 2009, her landlord increased her rental by 8% and her living
expenses increased by 12%. Assuming that she wants to give her
parents the same amount every month, how much is her savings each
month now in British pounds?
Soal 5
In March 2008, Janet invested $30 000 of her savings in a
bank that pays compound interest at the rate of 1.75% per
year. Find the amount that Janet has in the bank by March
2011.
Soal 6
Mr Tan has a chargeable income of $75400. Calculate the tax payable
according to the tax rates given in the following table.
Soal 7
If a man sells his car for $50 000, he will lose 20% of the
original price. How much must he sell it in order to make a
profit of 20% on the original price?
Soal 8
David invests $20 000 at 3% per annum simple interest. How
much interest will he receive at the end of 10 years?
Soal 9
Find how much money should be deposited in a bank paying
interest at the rate of 2% per annum compounded quarterly
so that the end of 5 years that accumulated amount will be
$20 000. Give your answer correct to the nearest cent.
Soal 10
A product may be made using machine A or machine B. The
manufacturer estimates that the monthly fixed costs of using machine
A are $18 000, whereas the monthly fixed costs of using machine B
are $15 000. In addition, the variable costs of manufacturing one unit
of the product using machine A and machine B are $15 and $20
respectively. The product sells for $50 each.
a. If x units are to be produced, find an expression for the total costs
i. , in using machine A.
ii. , in using machine B.
b. If the manufacturer chose machine A for a higher profit, what is the
range of values of x?
c. If 550 units were sold, calculate the profit.
Soal 11
Mrs Tan spent $200 to make 400 doughnuts.
a. Using to represent the price she sells each doughnut, write
an inequality in x to show the minimum price she should sell
each doughnut to make a profit of at least $100.
b. Hence, find the minimum price to sell each doughnut in
order for Mrs Tan to make a profit of at least $100.
Soal 12
On the way to the bank, Lucy received two flyers:

Lucy plans to deposit her $5000 in the bank. Calculate the sum of
money in Lucy’s account after 12 years,
a. If she deposits her money with Bank Assurance.
b. If she deposits her money with Bank Benevolence.
c. Hence, which bank should Lucy deposit her money with?
Soal 13
During the recent 2011 Moms & Babes fair, Frisgo reduced
the prices of all their 1.8 kg milk powder by 15%. Calculate
the usual price of a tin of 1.8 kg milk powder if Mrs Lee paid
$162.90 for 3 tins of milk powder.
Soal 14
David deposited $8000 in Ocean Bank that gives a compound
interest of 3.2% per annum, compounded half-yearly. Find the
amount of money David will have in his bank account at the
end of the sixth year.
Soal 15
George is buying a plasma TV priced at $1850. He has three payment
options:
Option A: Pay cash and receive 8% discount.
Option B: Pay a deposit of $400 and 12 monthly payments of $128.
Option C: Purchase it on loan at 9.5% simple interest per annum
payable over 2 years.
a. Calculate the amount George pays if he chooses:
i. Option A
ii. Option B
iii. Option C
b. Calculate the difference in the amount George has to pay between
Option B and C.
c. Hence, express this difference as a percentage of the original cash
price.