1.
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Michael earns a salary of £24,523.50 per annum (per year). He has now been told that he will receive a 10% increase in his salary. How much will Michael earn per annum after his wage rise? |
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[ ] |
£26,975.85 |
[ ] |
£25,875.65 |
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£24,775.35 |
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£22,071.15 |
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2.
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Tracey’s bank account pays interest of 2% per year on any money in her account. If Tracey has £894 in her account when the interest is calculated, how much will she earn in interest? |
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£8.94 |
[ ] |
£17.88 |
[ ] |
£26.82 |
[ ] |
£35.76 |
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3.
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Elsie bought seven Easter eggs, one for each of her grandchildren. Each Easter egg cost the same amount and Elsie got £4.50 in change from a £50 note. How much would one Easter egg have cost? |
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£15.50 |
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£45.50 |
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£6.50 |
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£4.50 |
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4.
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Bruce has just arrived in the UK from Australia, and he wants to change his Australian dollars into pounds sterling: the exchange rate is £1 = $1.88. If Bruce changes $1,400, how many pounds sterling will he get? |
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[ ] |
£2,632.00 |
[ ] |
£1,832.28 |
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£932.48 |
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£744.68 |
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5.
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Emily is going on holiday to Brazil next week, so she decides to change £800 into Brazilian Reals (R$). If £1 = R$5.32, how many Brazilian Reals will Emily get? |
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R$4,256 |
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R$2,256 |
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R$1,256 |
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R$150 |
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6.
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Stephen has put £10,000 into a savings account. At the end of the year he is paid interest and his balance increases to £10,250. What rate of interest did Stephen’s bank pay? |
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0.25% |
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2.5% |
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25% |
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250% |
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7.
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It costs a factory £20,000 to build one car. If the factory wants to make a 200% profit on the sale of the car, how much must it sell it for? |
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£20,000 |
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£40,000 |
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£60,000 |
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£80,000 |
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8.
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A clothes shop is selling last season’s stock with a 60% discount. If a dress now costs £46.80, how much was it before the discount? |
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£28.08 |
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£44.58 |
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£62.58 |
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£78.00 |
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9.
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Lisa has just arrived in India from the UK, and she wants to change her pounds sterling into Indian Rupees (₹): the exchange rate is £1 = ₹91.6. If Lisa changes £2,500, how many Indian Rupees will she get? |
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₹22.90 |
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₹2,290 |
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₹22,900 |
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₹229,000 |
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10.
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Lucy inherited 25% of her grandfather's business. If the business is worth £1,325,000, what is the value of Lucy’s inheritance? |
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£993,750 |
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£662,500 |
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£331,250 |
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£325,000 |
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