Maria earned $80 000 last year. She could earn $15 000 before she paid income tax. Income tax was then charged at a rate of 35% on her earnings above $15 000.
How much income tax did Maria pay last year?
$22 750
Oops!
Check
Okay!
Check
15
Joseph invested $500 at an interest rate of 10% pa.
How long must the money be invested to earn $300 interest?
6 years
Oops!
Check
Okay!
Check
15
A retailer buys tricycles for $80 and sells them making a 25% profit.
What would be the selling price?
$100
Oops!
Check
Okay!
Check
15
Khaled invested $2000 for 3 years at 10% pa simple interest. Calculate the total interest earned
$600
Oops!
Check
Okay!
Check
10
True or false?
Neko buys goods at a cost of $320 each and sells them for $300 each.
This means she is making a profit.
False
Oops!
Check
Okay!
Check
15
Sandi bought 25 calculators for $200. She sold them all for $9.50 each. What was her percentage profit?
18,75%
Oops!
Check
Okay!
Check
5
If you take 15% off the price what percentage remains?
85 %
Oops!
Check
Okay!
Check
thief
Give points!
5
10
15
20
25
rocket
Go to first place!
Okay!
rocket
Go to first place!
Okay!
thief
Give points!
5
10
15
20
25
20
A farmer bought seed at a cost of $56 000. As a result of the drought, his harvest was poor and his sales earned him only $27 500.
Calculate his loss as a percentage of his cost price, to the nearest percent.
51%
Oops!
Check
Okay!
Check
25
A dress is sold for $87. If this gives a profit of 45% on the cost price, what was the cost price?
$60
Oops!
Check
Okay!
Check
5
Games were bought for $72 and sold for $90.
What was the profit?
$18
Oops!
Check
Okay!
Check
20
A book was sold for $20, making a 25% profit on the selling price. What was the cost price?
$16
Oops!
Check
Okay!
Check
eraser
Reset score!
Oops!
rocket
Go to first place!
Okay!
shark
Other team loses 20 points!
Okay!
lifesaver
Give 20 points!
Oops!
5
True or false?
A loss occurs when the selling price is less than the cost price