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2.08 Financial calculations with percentages

Interactive practice questions

James's monthly expenses include:

rent, food, cable TV, travel, insurance, clothing, repairs.

a

Which of his expenses are fixed?

Cable TV

A

Travel

B

Insurance

C

Clothing

D

Repairs

E

Rent

F
b

Which of his expenses are variable?

Rent

A

Clothing

B

Insurance

C

Cable TV

D

Travel

E

Repairs

F
Easy
< 1min

Sally earns $\$610$$610 per week. Her weekly work related expenses are $\$185$$185 on travel and $\$86$$86 on lunch. What percentage of her weekly income goes towards work related expenses? Give your answer correct to two decimal places.

Easy
1min

Amerie pays rent of $\$239$$239 per week, and must budget for electricity and water costs of $\$533$$533 per quarter. How much should she put aside each week to cover these expenses?

Medium
2min

Last month Neil saved $\$235$$235, which was $15%$15% of his income. What was his income last month? Give your answer correct to two decimal places if necessary.

Easy
1min
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Outcomes

F.1

solve practical problems requiring basic number operations

F.2

apply arithmetic operations according to their correct order

F.8

evaluate decimal fractions to the required number of decimal places

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