AWM Math 10 Unit 1 Test
Working with Money____
40
Section A – Multiple Choice
Choose the best response for each of the following questions. Circle that response.(5 marks)
1)Whose rate of pay is the highest?
a) Antoine earns $66.00 in 8 hoursb) Navdeep earns $72.00 in 5 hours
c) Ken earns $51.00 in 5 hoursd) Sara earns $89.00 in 6 hours
2) Lisa is managing a popular new band. Each of the songs the band plays is 3 to 5 minutes long. Lisa needs to know approximately how many songs they will play in 2 hours. Which is the best estimate?
a) 8 songsb) 12 songsc) 20 songsd) 30 songs
3) Jean and her best friend, Verna, want to buy 3 DVDs that are regularly prices at $20 each. Today, three stores, A, B, and C, have the DVDs on sale. At which store will the friends spend the least amount of money if they buy 3 DVDs?
a) Store Ab) Store Bc) Store Cd) Stores A and C
4) Janine just came home from a vacation in Cancun, Mexico. She has 300 pesos left over. If the bank buys pesos at $0.0843 443 CAD, how much will Janine get back in Canadian dollars?
a) $25.30b) $3556.85c) $355.69d) $250.30
5) Adelina will be going to Paris. Her budget is $1200 CAD. If the bank sell rate is one Euro for $1.644 814 CAD, how many Euros will she have to spend in Paris?
a) €1973.78b) €729.57c) €731.71d) €1968.00
Section B – Short Answer(35 marks)
Answer the following questions, showing ALL steps and work for full marks.
1) A technician can repair 10 printers for every 2 computers she fixes.
a) Write this ratio in two different ways. (2 marks)
b) What is the simplest form of this ratio? (2 marks)
2) Find the unit costor unit rateof each of the following items. Show your calculations and round your answers appropriately. (6 marks)
a) a package of 10 floor tiles for $69.07b) $22.80 for 3 hours work
c) 25 m of tape for $0.95d) $2.80 for a dozen eggs
e) 120 words typed in 3 minutesf) driving 240 km in 4 hours
3) A hockey stick originally priced at $49.98 is reduced by 25%.
a) How much is the discount on the stick? (1 mark)
b) What is the sale price? (no taxes) (1 mark)
4) Stan has a part-time job working 12 hours a week. His gross pay is $110.20 a week. Cecelia also has a part-time hob working 8 hours a week. Her gross pay is $90.40 a week.
a) Write the ratio of the number of hours Stan works to the number of hours Cecelia works in a week.(1 mark)
b) Find Stan’s hourly rate of pay.(1 mark)
c) Find Cecelia’s hourly rate of pay.(1 mark)
d) Write the ratio of Stan’s hourly rate of pay to Cecelia’s hourly rate of pay.(1 mark)
5) Samir must arrange for catering for a lunch at the office where he works. For the first six people the caterer charges a total of $65, and then $12 for each additional person.
a) Based on these prices, find the cost for 10 people to attend this lunch.(2 marks)
b) Using the total from a) above, what is the cost for one of those 10 people?(1 mark)
6) A storewide sale in Calgary advertises a shirt that was originally $25.99 as marked down to $19.99. What percentage markdown did the store offer for this shirt? (2 marks)
7) The Surrey food bank is having a food drive. To support this drive, local grocery stores have advertised a sale on canned soup. There are two different brands available: Tastes Like Homemade soup is sold at $18.89 for 12 cans, while Savoury Soup is being sold at $30.69 for 24 cans. Both types of soup are in 284 mL cans.
a) Which is the better deal between the two brands? Show your calculations!(3 marks)
b) If your school’s student council raised $500 to buy soup for the food bank, how many cans of the lowest priced soup can the school buy?Cans may only be bought in full cases.(3 marks)
8) Julie runs a fabric store in Prince George, BC. She purchases some fabric at a wholesale price for her business. She pays $46.00/m. When she sells the fabric to her customers, she charges a 20% mark-up on the fabric.
a) How much is the mark-up on the fabric?(1 mark)
b) What will Julie charge her clients per metre before taxes?(1 mark)
c) If the taxes in BC are 12% HST, what is the total cost of the fabric for the customer, including taxes?(2 marks)
9) Margot travels to South Africa to visit her family. The currency in South Africa is called the Rand.
a) If Margot goes to the bank with $2500 CAD and buys Randfor her trip, how many Rand does she receive from the bank? $1.00 CAD is worth 6.725 Rand.(2 marks)
b) During her visit, Margot buys a leather jacket for 1535 Rand. What is this cost in Canadian dollars?(2 marks)
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