Consumer Mathematics Concepts Quiz

Test your consumer math skills with scenarios on discounts, taxes, investments, and more. Calculate final prices, savings, interest, and values.

#1

If the original price of an item is $50 and it is discounted by 20%, what is the final price?

$40
$45
$48
$52
#2

Sara earns $800 per week. If she saves 20% of her income, how much does she save in a month?

$160
$200
$240
$320
#3

A shirt originally priced at $60 is on sale at a 25% discount. What is the sale price of the shirt?

$40
$45
$50
$55
#4

If the monthly rent for an apartment is $1,200, and the utilities cost $150 per month, what is the total cost of living in the apartment each month?

$1,200
$1,350
$1,400
$1,500
#5

If the interest rate on a savings account is 3% annually, how much interest will $1,500 accrue in two years?

$45
$90
$135
$180
#6

A pizza restaurant charges $12 for a large pizza and $8 for a small pizza. If John orders 2 large pizzas and 3 small pizzas, how much does he pay in total?

$48
$56
$64
$72
#7

If the sales tax rate is 8% and you buy a $75 item, how much will you pay in total including tax?

$81
$82
$83
$84
#8

John borrows $500 at an annual interest rate of 6%. How much interest will he pay after one year?

$30
$50
$60
$70
#9

A car depreciates by 15% each year. If its original value was $20,000, what will be its value after 3 years?

$12,480
$13,320
$14,160
$15,000
#10

If an investment grows by 8% annually, how many years will it take for the investment to double in value?

7.5 years
8 years
9 years
10 years
#11

If the principal amount is $1,000, and the interest rate is 5%, what is the simple interest earned in one year?

$45
$50
$55
$60
#12

A company offers a 10% employee discount on purchases. If an employee buys a $500 laptop, how much does the employee pay after the discount?

$450
$475
$500
$525
#13

If the exchange rate is 1 USD = 1.2 EUR, how much will 150 USD be in EUR?

120 EUR
140 EUR
160 EUR
180 EUR
#14

A store offers a 15% discount on a $300 camera, but the customer also has a $50 rebate. What is the final price the customer pays?

$220
$225
$230
$235
#15

If the inflation rate is 3% per year, what will be the cost of a $100 item in two years?

$103
$106
$109
$112
#16

If a product has a markup of 25% over its cost, and the cost is $80, what is the selling price?

$90
$100
$110
$120
#17

If the exchange rate is 1 GBP = 1.5 USD, how much will 200 GBP be in USD?

$250
$300
$350
$400

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