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1. The simple interest on a sum of money 7. There are 40 students in a class.

Girls
invested at 5% per annum for 3 years was make up 60% of the class and 25% of
$90. The sum of money invest was them wear glasses. How many girls in the
(A) $54 class wear glasses?
(B) $150 (A) 6
(c) $600 (B) 8
(D) $1350 (C) 10
(D) 15

2. A woman buys a pair of shoes at a sale. 8. If $560 is shared in the ratio 2:3:9, the
She pays $45, saving $15 on the normal difference between the largest and
price. The percentage discount on the pair smallest shares is
of shoes is (A) $80
(A) 25 (B) $240
(B) 30 (C) $280
(C) 33 1/3 (D) $360
(D) 80
9. If 60% of a number is 90, what is 4/5 of
3. 0.55 written as a common fraction, in its the number?
simplest form, is (A) 54
(A) 9/20 (B) 72
(B) 55/100 (C) 120
(C) 5/10 (D) 150
(D) 11/20
10. The cost of a calculator exclusive of
4. If the simple interest on $900 for 3 sales tax is $120. Susan bought a
years was $108, what was the rate of calculator and paid sales tax of 10%. How
interest? much change would she receive from
(A) 3% $140?
(B) 4% (A) $8
(C) 12% (B) $12
(D) 25% (C) $28
(D) $32
5. Tom bought a pen for $30 and sold it to
gain 20% on his cost price. How much 11. At the end of any year a car is worth
money did he gain? 5% less than what it was worth at the
(A) $6 beginning of the year. If a car was worth
(B) $20 $9500 in December 2016, then its value in
(C) $36 January 2016 was
(D) $40 (A) $9,995
(B) $10,000
6. 21,600 seconds expressed in hours is (C) $10,205
(A) 6 (D) $12,000
(B) 36
(C) 60
(D) 360
12. A salesman is paid 5% of his sales as Which size of the milk is the most cost-
commission. His sales for last month were effective buy? Justify your answer
$2020. How much commission was he
paid?

(A) $11.00 16. Michael plans to invest his money with


(B) $20.20 JMMB who offers a return of 8.5% per
(C) $101.00 annum compound interest. Calculate the
(D) $110.00 accumulated value after 15 years, if
Michael invests $40,000.
13. An article bought for $125 was sold for
$175. The profit as a percentage of the
cost price was
17. The table below shows a shopping bill
(A) 28.6 prepared for Mrs. Rowe. The prices of
(B) 40 some items are missing
(C) 50 Item Unit Cost Total Cost
(D) 71.4 Price Price
3 kg sugar X $10.80
14. If the simple interest on $800 for 3 4 kg rice Y Z
years is $54, what is the rate of interest 2 kg flour $1.60 $3.20
per annum?
(i) Calculate the value of X, the
(A) 4/9% cost of 1kg of sugar
(B) 2 ¼% (ii) If the cost price of 1kg of rice is
(C) 5% 80 cents MORE than for 1kg of
(D) 44% flour, calculate the values of Y
and Z
15. Milk is sold in cartons of three different (iii) A tax of 10% of the total cost
sizes. price of the 3 items is added to
Carton Size Selling Price Mrs Rowe’s bill. What is Mrs
350 ml $4.30 Rowe’s TOTAL bill including the
450 ml $5.35 tax.
500 ml $6.00

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