©TeeJay Publishers
Homework for Level E book
Ch 4 - Money
Chapter 4
Money
Exercise 1
Calculators may be used but all working must be shown.
1. Alison buys three books priced £12·99, £8·50 and £9·75.
How much change will Alison receive from £40 ?
2. A car park has charges as shown.
(a) How much does Paul pay for parking his car
for 3 hours shopping on a Saturday ?
Car park charges
(b) How much does Dee pay for parking her car
every weekday from 9 am to 5 pm ?
(c) Alex parks on a Friday for 4 hours,
Saturday for 5 hours and a Sunday for 2 hours.
Mon - Fri
Sat
Sun
70p per hour
£1·35 per hour
FREE
How much does Alex pay in total ?
3. Copy and complete the following bills :(a)
£
(b)
New windscreen
Paint
Labour (4hrs at £16·80)
3 kg of mince at £2·60/kg
2 kg stewing steak at £4·45/kg
1
2
BODYSHOP repairers
kg of sirloin steak at £6·50/kg
Sub Total
total
+ VAT
Total Bill
4. I bought seven computer chairs for £358·75. I sold them for £65 each.
(a) How much profit did I make ?
(b) If I had only sold 5 chairs would I still have made a profit ? (Explain).
5. Five sandwiches and three cups of coffee cost £12·35.
If the sandwiches cost £1·75 each, how much was each cup of coffee ?
6. I bought nine footballs and sold them for £166·50.
If I made a profit of £47·25, how much did each football originally cost ?
this is chapter 4
page 16
= £88·60
= £17·25
= £
=
= £30·28
©TeeJay Publishers
Homework for Level E book
Ch 4 - Money
7. Blib will sell 19·6 kilogrammes of swaffle for 5 martian squibiis.
Blob will sell 15·87 kg of swaffle for 3 squibiis.
Which is the best deal and by how much per squibii ?
8. Three fish suppers and two sausage suppers cost £20·20.
Find the cost of
(i) one fish supper,
(ii) one sausage supper.
Exercise 2
Calculators may be used but all working must be shown.
exchange rate
1. Alan exchanged £50 for euros. How many euros did he receive ?
(as of 27th April 2003)
£1 = 1·44 euros
2. Calculate the price of the following in euros :(a)
(b)
£42
(c)
£70
(d)
£160
3. How many :
£650
British Pound (April 2003)
(a) Japenese Yen would I get for £80
(b) Pesos for £250
American Dollar ($)
Chinese Yen Danish Krone Euro Hong Kong Dollar Indian Rupee Japanese Yen Mexican Peso Norwegian Kroner (c) Rupees for £180
(d) Krone for £80
(e) Swiss Francs for £450
(f) American dollars for £99
1·59 13·17 10·71 1·44 12·41 75·39 191·38 16·61 11·25 2·17 Swiss Franc 4. Jason was offered a new bicycle.
£140, 1600 Kroner, 200€, or 10 000 Rupees.
Which is the best deal ?
Exercise 3
Calculators may be used but all working must be shown.
1. I returned from France with 216 euros.
exchange rate
How many pounds would I get in exchange ?
(as of 27th April 2003)
£1 = 1·44 euros
2. Mandy returned on holiday with 250 euros.
How many pounds would Mandy receive in exchange ?
this is chapter 4
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£1 = ©TeeJay Publishers
Homework for Level E book
Ch 4 - Money
3. Change the following to pounds sterling. (Give your answer to the nearest penny).
(a) 1000 €
(b)
72 €
(c)
125 €
(d)
1880 €
4. A coat costs $250 in New York. Cathy takes £160. Does she have enough money. Explain.
5. Senji arrives in London with 20 000 rupees to buy a suit for £140 and a pair of shoes for £45.
How many rupees would Senji have left ?
6. I changed £200 into Swiss Francs and spent 136 francs on holiday.
I came home and exchanged the remaining amount into dollars for my next trip to Hong Kong.
How many dollars did I get ?
Revision Exercise
1. Paula bought two skirts at £7·75 each three blouses at £6·50 each and a pair of shoes for £18·99.
How much change did she get from three £20 notes.
2. Ellen paid a deposit for a new washing machine priced £499.
She then paid 12 equal monthly payments of £37·56.
How much was the deposit ?
Use the exchange rate diagram in exercise 3 for questions 3 to 7
3. Exchange :-
(a)
£30 to euros
(b)
£2500 to €
(c)
£87 to €
(d)
288 € to £
(e)
1850 € to £
(f)
0·18 € to £
4. Exchange :(a) £60 to Rupees
(b) 1040 Japanese yen to £
(c) 22 500 Kroner to £
(d) £180 to Swiss Francs
(e) $800 to £
(f) 100€ to $.
5. Diego changed 2000 pesos into £. He spent £50 before changing back to pesos.
How many pesos did he receive ?
6. Yi had 1 000 000 Japanese Yen. He exchanged his yen and went to London where he spent £350.
Yi then flew to Las Vegas losing the remainder of his money.
How much did Yi lose ? (Give your answer in yen).
7. Mr. Lee took 80 000 yen to Glasgow where he spent £260.
After exchanging back to yen he found he had just over 30000 yen.
What nationality was Mr. Lee ? Explain.
this is chapter 4
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