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Maths Quiz - Solving Problems - Money 2 (Easy) (Questions)

This 11 Plus Maths quiz shows how percentages apply to real-life costs, like working out service charges and total restaurant bills.

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(quiz starts below)

Fascinating Fact:

A restaurant bill comes to £72 before service. A 12.5 percent service charge is added, making the total £81.

In 11 Plus Maths, pupils learn how percentages can increase or decrease amounts. Understanding service charges, discounts, and tips helps apply maths confidently in daily life.

  • Service Charge: An extra amount, usually a percentage, added to a bill for staff service in a restaurant.
  • Percentage: A way of expressing part of a whole, where the total equals 100.
  • Total Bill: The combined amount including the original cost and any added charges.
How do you calculate a 12.5 percent service charge?

Find 10 percent of the bill by dividing by 10, then add half of 5 percent. Add this amount to the original total for the final cost.

Why do restaurants add a service charge?

Service charges reward staff for their service and save customers from calculating tips separately. They’re often shown clearly on the bill.

Is a service charge always compulsory?

In many restaurants it’s optional, especially if marked “discretionary.” Customers can ask to remove it if they prefer to tip directly.

1. Jill bought a bucket for £11.89. She paid with a £50 note, and was given £33.11 in change. By how much was she short changed?
[ ] £5.00
[ ] £6.00
[ ] £7.00
[ ] £8.00
2. How many pounds is 7,805 pence?
[ ] £7.85
[ ] £78.05
[ ] £780.50
[ ] £7,805.00
3. A house costs £186,898.99. Sophie haggles and manages to get the price reduced by £11,899. How much did Sophie pay for the house?
[ ] £176,999.99
[ ] £175,999.99
[ ] £174,999.99
[ ] £173,999.99
4. How many 20 p coins are there in £3,420?
[ ] 7,100
[ ] 10,100
[ ] 13,100
[ ] 17,100
5. If you have £36, how much will you have if you quadruple it?
[ ] £144
[ ] £108
[ ] £12
[ ] £9
6. If Frank earns £350 a week, how much will he have earned in one calendar year?
[ ] £18,550
[ ] £18,200
[ ] £17,850
[ ] £17,500
7. If 19 items cost £142.50, how much will 7 items cost?
[ ] £17.50
[ ] £35.00
[ ] £52.50
[ ] £70.00
8. A shopkeeper sells birthday cards for £2.99. If the cards cost the shopkeeper 35 pence, how much profit does he make on each card?
[ ] £1.74
[ ] £2.04
[ ] £2.34
[ ] £2.64
9. If you have £180, how much will you have if you treble it?
[ ] £60
[ ] £90
[ ] £360
[ ] £540
10. How many £50 notes are there in £1,000,000?
[ ] 200,000
[ ] 20,000
[ ] 2,000
[ ] 200
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Maths Quiz - Solving Problems - Money 2 (Easy) (Answers)
1. Jill bought a bucket for £11.89. She paid with a £50 note, and was given £33.11 in change. By how much was she short changed?
[x] £5.00
[ ] £6.00
[ ] £7.00
[ ] £8.00
If you get short changed, it means that you have been given less change than you should have been given.
£50 - £11.89 = £38.11 which is £5.00 more than the change Jill was given, ? she was short-changed by £5.00
2. How many pounds is 7,805 pence?
[ ] £7.85
[x] £78.05
[ ] £780.50
[ ] £7,805.00
7,805 ÷ 100 = £78.05. When multiplying by 100, just move the decimal point two places to the right BUT when dividing by 100, just move the decimal point two places to the left
3. A house costs £186,898.99. Sophie haggles and manages to get the price reduced by £11,899. How much did Sophie pay for the house?
[ ] £176,999.99
[ ] £175,999.99
[x] £174,999.99
[ ] £173,999.99
£186,898.99 - £11,899 = £174,999.99. A 'discount' is a reduction in price or cost
4. How many 20 p coins are there in £3,420?
[ ] 7,100
[ ] 10,100
[ ] 13,100
[x] 17,100
There are five 20 p coins in £1 ? in £3,420 there are 3,420 × 5 = 17,100
5. If you have £36, how much will you have if you quadruple it?
[x] £144
[ ] £108
[ ] £12
[ ] £9
If you quadruple something, you multiply it by 4
6. If Frank earns £350 a week, how much will he have earned in one calendar year?
[ ] £18,550
[x] £18,200
[ ] £17,850
[ ] £17,500
52 × £350 = £18,200 because there are 52 weeks in a calendar year
7. If 19 items cost £142.50, how much will 7 items cost?
[ ] £17.50
[ ] £35.00
[x] £52.50
[ ] £70.00
First find the cost of one item: 142.5 ÷ 19 = 7.5
Now we find the cost of 7 items: 7.5 x 7 = 52.5
Remember that, when dealing with money, decimals should be given to 2 places: 52.5 = £52.50
8. A shopkeeper sells birthday cards for £2.99. If the cards cost the shopkeeper 35 pence, how much profit does he make on each card?
[ ] £1.74
[ ] £2.04
[ ] £2.34
[x] £2.64
Profit = Selling Price - Cost Price = £2.99 - £0.35 = £2.64. If the profit is a negative number, then you have made a loss
9. If you have £180, how much will you have if you treble it?
[ ] £60
[ ] £90
[ ] £360
[x] £540
If you treble something, you multiply it by 3
10. How many £50 notes are there in £1,000,000?
[ ] 200,000
[x] 20,000
[ ] 2,000
[ ] 200
1,000,000 ÷ 50 = 20,000