Math Applications Multiple Choice Questions and Answers 8 PDF Book Download

Math applications multiple choice questions and answers (MCQs), math applications quiz answers, test prep 8 to learn online elementary school courses for math degree. Percentage calculations MCQs, math applications quiz questions and answers for online elementary education degree. Learn personal and household finances, math applications, money exchange test prep for elementary school teaching certification.

Learn elementary school math MCQs: personal and household finances, math applications, money exchange, with choices \$1,200, \$2,250, \$1,500, and \$1,800 for online elementary education degree. Free math study guide for online learning percentage calculations quiz questions to attempt multiple choice questions based test.

MCQs on Math Applications Worksheets 8 PDF Book Download

MCQ: Henry and Hazel earns income of \$5000. expenses they have to meet are food \$500, house loan \$450, electricity, water and gas \$135. telephone \$50 and car maintenance \$155. monthly saving as %age of income is

1. 38%
2. 28.67%
3. 32.67%
4. 35%

B

MCQ: Harry borrows \$3000 for 5 years at rate of 8% per annum. simple interest he has to pay is

1. \$2,250
2. \$1,200
3. \$1,500
4. \$1,800

B

MCQ: General formula used to calculate interest is

1. principal x rate x time⁄100
2. principal x 100 x time⁄rate
3. 100 x rate x time⁄principal
4. principal x rate x 100⁄time

A

MCQ: Henry put A\$9000 in one year US\$ fixed deposit account with bank at 5% simple interest per annum when exchange rate was at US\$1 = A\$3.5. amount he invested in US dollars is

1. 2971.43
2. 2871.43
3. 2671.43
4. 2571.43

D

MCQ: Interest payable is dependable on

1. percentage rate
2. time
3. principal
4. all of above

D