Financial Literacy Math Worksheet

Name:

Date:

📚 Part 1: Multiple Choice (choose one)

1. Lina buys groceries costing $24.50 and Tom buys $18.75. What is their total cost?

$43.25

$43.15

$42.25

2. A jacket marked $89.00 is 20% off. What is the sale price?

$71.20

$69.00

$20.80

3. A box of cereal costs $3.60. If a family buys 5 boxes, how much do they pay?

$18.00

$15.00

$9.00

4. GST of 15% is added to a $120 purchase. What is the total including GST?

$138.00

$126.00

$152.00

5. You have $200. You buy items priced $45.99, $32.50 and $15.75. How much money remains?

$105.76

$94.24

$120.51

✏️ Part 2: Short Answers & Working (show your calculations)

6. A pair of shoes is $120. A shop gives 25% off and an extra $10 off at the till. What is the final price?

7. You deposit $250 each month into savings for 6 months. How much will you have saved?

8. A phone plan costs $65 per month. What is the annual cost? If you receive a 10% discount for paying the year upfront, how much do you save?

9. Deal A: 3 cans for $12. Deal B: single cans at $4.75 each. Which deal is cheaper and by how much per can?

10. You buy groceries for $63.40 and pay with a $100 note. Calculate your change.

11. A dinner bill is $250. You agree to leave a 12% tip and split the total equally among 6 people. How much does each person pay? (Round to the nearest cent)

12. An annual insurance premium is $430. It increases by 8% next year. What will the new premium be? How much extra will you pay over two years because of the increase?