[go: up one dir, main page]
Scribd
Upload
2K views3 pages

Consumer Arithmetic Multiple Choice Csec

The document provides a sample unit on consumer arithmetic with 7 multiple choice questions covering topics like VAT, discounts, profit, exchange rates, and interest. The questions test concepts like calculating total costs after VAT or discounts, determining selling prices given cost prices and profit percentages, performing currency conversions, and computing simple interest.

Uploaded by

a_browne
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2K views3 pages

Consumer Arithmetic Multiple Choice Csec

The document provides a sample unit on consumer arithmetic with 7 multiple choice questions covering topics like VAT, discounts, profit, exchange rates, and interest. The questions test concepts like calculating total costs after VAT or discounts, determining selling prices given cost prices and profit percentages, performing currency conversions, and computing simple interest.

Uploaded by

a_browne
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

MEP Jamaica: STRAND C UNIT 9 Consumer Arithmetic: CSEC Multiple Choice Questions

UNIT 9 Consumer Arithmetic CSEC Multiple Choice


Questions

For each of these questions, choose the option (A, B, C or D) that is TRUE.

1. A store charges 6% VAT on all sales.


What is the total cost of a shirt marked at $30 ?
(A) $28.20
(B) $31.80
(C) $33.84
(D) $36.00

2. Jake buys a shirt marked at $80. He receives a 10 per cent discount.


How much does he pay for the shirt?
(A) $54
(B) $70
(C) $72
(D) $74

3. The cost price of an article is $40 and the profit is 20 per cent of the cost price.
What is the selling price of the article?
(A) $40.20
(B) $48.00
(C) $50.00
(D) $60.00

4. After a 10% discount, an article is sold for $360. The price before the discount was
(A) $ 36
(B) $324
(C) $392
(D) $400 ?

© CIMT and e-Learning Jamaica 1


MEP Jamaica: STRAND C UNIT 9 Consumer Arithmetic: CSEC Multiple Choice Questions

UNIT 9 Consumer Arithmetic CSEC Multiple Choice


Questions

5. The marked price of a stove was $520. A worker bought the stove on hire-purchase
by making a down payment of $100, and twelve monthly payments of $40 each.
How much could she have saved if she had bought the stove for the marked price?
(A) $ 40
(B) $ 60
(C) $100
(D) $140

6. If US$1.00 is equivalent to EC$2.68, how much in US$ would one get for EC$100 ?
(A) $ 26.80
(B) $ 37.31
(C) $268.00
(D) $373.10

7. The simple interest on $160 for 6 months at 5% per annum is


(A) $ 4
(B) $ 8
(C) $16
(D) $48 ?

© CIMT and e-Learning Jamaica 2


MEP Jamaica: STRAND C UNIT 9 Consumer Arithmetic: CSEC Multiple Choice Questions

UNIT 9 Consumer Arithmetic CSEC Multiple Choice


Questions
ANSWERS

1. B
2. C
3. B
4. D
5. B
6. B
7. A

© CIMT and e-Learning Jamaica 31

You might also like