Unit 9 consumer arithmetic
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Unit 9 Consumer Arithmetic. Unit 9 Consumer Arithmetic. Buying. Sale: $1600 Plus VAT: 15%. Solution a) Total amount paid. ?. ?. ?. a)Calculate the TOTAL amount a customer pays for the TV b)The sale price of $1600 is 20% LESS THAN the original price. Calculate the ORIGINAL price.

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Unit 9 Consumer Arithmetic

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Unit 9 consumer arithmetic

Unit 9Consumer Arithmetic


Unit 9 consumer arithmetic1

Unit 9Consumer Arithmetic

Buying


Unit 9 consumer arithmetic

Sale: $1600

Plus

VAT: 15%

Solution

a) Total amount paid

?

?

?

a)Calculate the TOTAL amount a customer pays for the TV

b)The sale price of $1600 is 20% LESS THAN the original price. Calculate the ORIGINAL price


Unit 9 consumer arithmetic

Sale: $1600

Plus

VAT: 15%

?

?

?

b)The sale price of $1600 is 20% LESS THAN the original price. Calculate the ORIGINAL price

Solution

b)If original price is $p, then


Unit 9 consumer arithmetic2

Unit 9Consumer Arithmetic

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Buying


Unit 9 consumer arithmetic3

Unit 9Consumer Arithmetic

Hire Purchases


Unit 9 consumer arithmetic

A printer is advertised for sale at J$84 000. A discount of 12% is given if it is bought for cash. Its can also be bought on hire purchase by paying a deposit of J$29 400 followed by 24 monthly payments of J$ 2300 each.

Calculate

The cash price

The hire purchase price

The amount saved by buying the printer for cash rather than on hire purchase

Solution

a) Cash price

?

?

?


Unit 9 consumer arithmetic

A printer is advertised for sale at J$84 000. A discount of 12% is given if it is bought for cash. Its can also be bought on hire purchase by paying a deposit of J$29 400 followed by 24 monthly payments of J$ 2300 each.

Calculate

The cash price

The hire purchase price

The amount saved by buying the printer for cash rather than on hire purchase

Solution

b) Hire purchase price

c) Amount saved by paying cash

?

?

?

?

?

?

?


Unit 9 consumer arithmetic4

Unit 9Consumer Arithmetic

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Hire Purchases


Earning

Earning

Unit 9Consumer Arithmetic


Unit 9 consumer arithmetic

BASIC WEEK

Time Wages

40 hours J$32000

Overtime is paid at 50% extra per hour.

Calculate

The basic hourly rate

The overtime hourly rate

The total wages for a worker who worked 10 hours overtime in one week

Solution

a) Basic hourly rate

?

?

?


Unit 9 consumer arithmetic

BASIC WEEK

Time Wages

40 hours J$32000

Overtime is paid at 50% extra per hour.

Calculate

The basic hourly rate

The overtime hourly rate

The total wages for a worker who worked 10 hours overtime in one week

Solution

b) Overtime hourly rate

?

?

?

?

?

?


Unit 9 consumer arithmetic

BASIC WEEK

Time Wages

40 hours J$32000

Overtime is paid at 50% extra per hour.

Calculate

The basic hourly rate

The overtime hourly rate

The total wages for a worker who worked 10 hours overtime in one week

Solution

c) Total wages

?

?

?


Unit 9 consumer arithmetic5

Unit 9Consumer Arithmetic

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Earning


Unit 9 consumer arithmetic6

Unit 9Consumer Arithmetic

Money Exchange


Unit 9 consumer arithmetic

?

?

?

?

?

?

How much would you get for exchanging

£15 sterling into Jamaican dollars

J$3000 into pounds sterling

$300.00 US into Jamaican dollars

Solution

a)

b)

c)


Unit 9 consumer arithmetic7

Unit 9Consumer Arithmetic

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Money Exchange


Unit 9 consumer arithmetic8

Unit 9Consumer Arithmetic

Savings


Unit 9 consumer arithmetic

?

?

?

?

?

?

?

In how many years would $100, invested at 5% per annum simple interest, amount to $160?

The interest in one year

The total amount of interest needed is

So the number of years required is


Unit 9 consumer arithmetic9

Unit 9Consumer Arithmetic

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Savings


Unit 9 consumer arithmetic10

Unit 9Consumer Arithmetic

Increasing Value


Unit 9 consumer arithmetic

?

?

?

?

?

?

?

?

?

?

?

?

?

?

?

An antique is valued at J$4000. Its value increases by 5% each year for 3 years.

Find the value after two years

Show that the value after three years is J$4630∙50

Solution

After one years the value is

After two years, its value is

b)Its values after 3 years is


Unit 9 consumer arithmetic11

Unit 9Consumer Arithmetic

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Increasing Value


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