Topic : Money

1. Camilla has $5 to spend in the market.

She buys kilograms of bananas priced at 80 cents per kilogram and 3 yams priced at
45 cents each.
How much money does she have left?
[3]

2. Juana changes 150 euros (€) into pounds (£).

The exchange rate is € 1 = £ 0.71.
Calculate how much she receives.

3. Joseph buys 45 kilograms of potatoes from a supplier for $0.65 per kilogram.
(a) How much does he pay for the potatoes?
[1]

(b) He then puts the potatoes into bags which each hold 2.5 kilograms.
How many bags can he fill with the potatoes?
[1]

(c) At the market he sells the bags of potatoes for $2.20 per bag.
Calculate the smallest number of ​complete​ bags he needs to sell in order to make a profit.
[2]

4. A Spanish family went to Scotland for a holiday.

(a) The family bought 800 pounds (£) at a rate of £1 = 1.52 euros (€).
How much did this cost in euros?
[1]

(b) The family returned home with £118 and changed this back into euros.
They received €173.46.
Calculate how many euros they received for each pound.
[1]

(c) A toy which costs €11.50 in Spain costs only €9.75 in Scotland.
Calculate, as a percentage of the cost in Spain, how much ​less​ it costs in Scotland.
[2]

5.

The diagram shows a swimming pool of length 35 m and width 24 m.

A cross-section of the pool, ​ABCD​, is a trapezium with ​AD​ = 2.5 m and ​BC​ = 1.1 m.

(a) Calculate

(i) the area of the trapezium ​ABCD,​

[2]

(ii) the volume of the pool,

[2]

(iii) the number of litres of water in the pool, when it is full.

[1]

(b) AB​ = 35.03 m correct to 2 decimal places.

The sloping rectangular floor of the pool is painted.

15. Money / IGCSE 1

 It costs $2.25 to paint one square metre.

(i) Calculate the cost of painting the floor of the pool.

[2]

(ii) Write your answer to ​part​ (​b​)(​i​) correct to the nearest hundred dollars.
[1]

(c) (i) Calculate the volume of a cylinder, radius 12.5 cm and height 14 cm.
[2]

(ii) When the pool is emptied, the water flows through a cylindrical pipe of radius
12.5 cm.
The water flows along this pipe at a rate of 14 centimetres per second.
Calculate the time taken to empty the pool.
Give your answer in days and hours, correct to the nearest hour.
[4]

6. $1 = 0.78 euros

Use this exchange rate to change $15.50 into euros.

[1]

7. A shopkeeper buys some ready-made meals from a supplier.

(a) Complete the bill shown below.

Meal Cost of one meal Number of meals Total cost

Chicken curry $3.48 15 $
Pizza $2.99 28 $
[1]

(b) He sells all 15 Chicken curry meals for $4.00 each.

Work out the total profit on these meals.
[1]

(c) He sells 15 Pizzas for $3.55 each but is unable to sell the rest.
Calculate his loss on the Pizzas as a ​percentage​ of the total cost of the Pizzas.
[2]

8. (a) Alex changed $250 into euros (€) when the rate was €1 = $1.19886.

How many euros did he receive? [2]

(b) Write 1.19886 correct to 3 significant figures.

[1]

9. Aminata bought 20 metres of cloth at a cost of $80.

She sold 15 metres of the cloth at $5.40 per metre and 5 metres at $3 per metre.

(a) Calculate the profit she made [2]

(b) Calculate this profit as a percentage of the original cost.

[1]

10. (a) Alex changed $270 into euros (€) when the rate was €1 = $1.19886.

15. Money / IGCSE 2

 How many euros did he receive? [2]

(b) Write 1.19886 correct to 3 significant figures.

[1]

11. Aminata bought 20 metres of cloth at a cost of $90.

She sold 15 metres of the cloth at $5.80 per metre and 5 metres at $3 per metre.

(a) Calculate the profit she made. [2]

(b) Calculate this profit as a percentage of her original cost.

[1]

12. Marguerite earns $336 per month.

She divides her earnings between bills, food, savings and personal spending.

(a) Her bills take of her earnings. Show that $240 is left for her other items. [2]

(b) She divides the $240 between food, savings and personal spending in the ratio 5 : 3 : 4.
Calculate how much she spends on food.
[2]

(c) She saves the same amount each month.

Show that she saves $720 in one year.
[2]

13. In 2005, a toy cost 52.50 reals in Brazil.

In Argentina, 1 peso = 0.875 reals.
Work out the cost of the toy in pesos.
[2]

14. In 2006, a toy cost 70.80 reals in Brazil.

In Argentina, 1 peso = 0.885 reals.
Work out the cost of the toy in pesos.
[2]

15. (a) In October the cost of a car in euros was €20 000.
The cost of this car in pounds was £14 020.
Calculate the ​exact​ value of the exchange rate in October.

Answer​ ​(a)​ €1 = £ ……..…….…

[1]

(b) In November the car still cost €20 000 and the exchange rate was €1 = £0.6915.
Calculate the difference, in pounds, between the cost in October and November.

16. A shop sells batteries at 68 cents each, or $2.15 for a pack of four.
How much will Daniel save if he buys two packs of four instead of 8 single batteries?
[2]

17. A holiday in Europe was advertised at a cost of €245.

The exchange rate was $1 = €1.06.
Calculate the cost of the holiday in dollars, giving your answer correct to the nearest cent.
[2]

18. A holiday in Europe was advertised at a cost of €330.

The exchange rate was $1 = €1.07.

15. Money / IGCSE 3

 Calculate the cost of the holiday in dollars, giving your answer correct to the nearest cent.
[2]

19. Alphonse, his wife and child fly from Madrid to the Olympic Games in Beijing.
He changes 500 euros into Chinese Yuan at a rate of 1 euro = 9.91 Chinese Yuan.

How many Chinese Yuan does he receive?

[2]

20. Juanita changed $20 into euros when the exchange rate was €1 = $1.2685.
How many euros did she receive?
Give your answer correct to 2 decimal places.
[2]

21. Juanita changed $30 into euros when the exchange rate was €1 = $1.2685.
How many euros did she receive?
Give your answer correct to 2 decimal places.
[2]

22. In 2007 Klaus paid 350 euros (€) for a flight from Berlin to Nairobi.

The return flight from Nairobi to Berlin cost him 30 700 Kenyan Shillings (KES).

The exchange rate at the time of the return flight was €1 = 79.6 KES.

Calculate the difference, in euros, between the costs of the two flights.
Give your answer correct to 2 decimal places.
[2]

23. At 05 06 Mr Ho bought 850 fish at a fish market for $2.62 each.

95 minutes later he sold them all to a supermarket for $2.86 each.

(a) What was the time when he sold the fish?

[1]

(b) Calculate his total profit.

[1

24. In January Sunanda changed £25 000 into dollars when the exchange rate was $1.96 = ​£​1.
In June she changed the dollars back into pounds when the exchange rate was $1.75 = ​£​1.
Calculate the profit she made, giving your answer in pounds (​£​).
[3]

25. At 05 18 Mr Ho bought 950 fish at a fish market for $3.08 each.

85 minutes later he sold them all to a supermarket for $3.34 each.

(a) What was the time when he sold the fish? [1]

(b) Calculate his total profit.

[1]

26. In January Sunanda changed £20 000 into dollars when the exchange rate was $3.92 = ​£​1.
In June she changed the dollars back into pounds when the exchange rate was $3.50 = ​£​1.
Calculate the profit she made, giving your answer in pounds (​£​).

15. Money / IGCSE 4