1.

Peter is going on holiday to Germany next week, so he decides to change £500 into Euros (€). If £1 = €1.2, how many Euros will he get? 

[ ] 
€417 
[ ] 
€60 
[ ] 
€6,000 
[ ] 
€600 


2.

Super Stores is giving a 50% discount on certain electrical items. If a 'Frosty' fridge sells for £548, what will it sell for if there is a 50% discount on it? 

[ ] 
£274 
[ ] 
£498 
[ ] 
£247 
[ ] 
£137 


3.

Mark has put £3,500 into a savings account. If he doesn't remove his money for 1 year, he will earn an interest of 2%. How much in pounds is 2% interest? 

[ ] 
£7 
[ ] 
£70 
[ ] 
£700 
[ ] 
£7,000 


4.

Janet got £12.19 in change from a £50 note after she had bought three items that each cost the same price. How much did each item cost? 

[ ] 
£16.20 
[ ] 
£12.60 
[ ] 
£11.19 
[ ] 
£37.81 


5.

Sofia has just arrived in the UK from Italy, and she wants to change her Euros into pounds sterling: the exchange rate is £1 = €1.2. If she changes €1,200, how many pounds sterling will she get? 

[ ] 
£1,440 
[ ] 
£144 
[ ] 
£1,000 
[ ] 
£100 


6.

Paul has just arrived in the USA from the UK, and he wants to change his pounds sterling into US dollars: the exchange rate is £1 = $1.6. If he changes £2,500, how many US dollars will he get? 

[ ] 
$1,562.50 
[ ] 
$4,000 
[ ] 
$400 
[ ] 
$156.25 


7.

A fine for late payment is charged at 1% per day on the money owed. If someone owes £250, how much will the fine be after one day? 

[ ] 
£25.0 
[ ] 
£2.50 
[ ] 
£250 
[ ] 
£0.25 


8.

James inherited 75% of his grandfather's money. If his grandfather left £125,000, how much did James inherit? 

[ ] 
£93,750 
[ ] 
£93,650 
[ ] 
£93,550 
[ ] 
£93,250 


9.

It costs a shop £1 to buy an article which it then sells at a profit. If the shop wants to make a 400% profit on the sale of the article, how much must it sell it for? 

[ ] 
£5 
[ ] 
£4 
[ ] 
£8 
[ ] 
£6 


10.

Sally gets a salary of £14,560 per annum (per year). She has now been told that she has to take a 10% reduction in her salary. How much will she earn per annum after the 10% reduction? 

[ ] 
£13,410 
[ ] 
£13,401 
[ ] 
£13,140 
[ ] 
£13,104 

