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Managing Money

We estimate MS11-MM is worth about 2 marks out of 100 under the new Mathematics Standard 2 syllabus. Practise 8 exam-style questions (multiple choice, multi-part, numerical answer) with instant marking and a worked solution for every question.

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Example questions

Example 1 · 1 mark · multiple choice

A pair of shoes costing $240 is bought with a buy now, pay later plan: 4 fortnightly payments of $60 with no interest. A late fee of $10 is charged for each late payment. The buyer makes 3 of the 4 payments late. How much extra does the buyer pay in fees?

  1. A$10.00
  2. B$30.00
  3. C$40.00
  4. D$0.00

Example 2 · 1 mark · multiple choice

A jacket costs $143.00 including 10% GST. How much GST is included in the price?

  1. A$14.30
  2. B$130.00
  3. C$1.42
  4. D$13.00

Answers and worked solutions appear when you practise these questions.

Other Mathematics Standard 2 topics