This Math quiz is called 'Consumer Math (Working with Money)' and it has been written by teachers to help you if you are studying the subject at middle school. Playing educational quizzes is a fabulous way to learn if you are in the 6th, 7th or 8th grade - aged 11 to 14.
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Do you get an allowance? If you do, how do you earn that allowance? When you earn the allowance, how well do you take care of your money? Do you spend it right away or do you save it?
Money is a commodity that is a part of everyday life. In the outside world, that is, the world outside of school, money is the biggest common factor each of us will encounter that will enable us to continue to use our math skills, including the basic skills of addition, subtraction, multiplication, percentages and decimal usage. This quiz will, then, deal with working with money. So let’s do one practice problem before we jump into the quiz.
The problem: If a teacher tells each of their 28 students in the class to buy ten pencils and each pencil costs 12¢, how much money will the class have to spend so that everyone has ten pencils?
Working the problem: The first thing we have to do is to multiply 12¢ by 10 pencils so .12 x 10 = $1.20. (Did you remember that you had to convert the cents into a decimal, i.e., 12¢ = .12?)
Next, we have 28 students so now we multiply $1.20 x 28 = $33.60. Did you remember where the decimal point should be?
Solution: $33.60 is the amount of money it will take in order to have every student in the class to get 10 pencils.
Seems simple enough, right? Good! That means you are now ready to move forward.