Consumer Mathematics Concepts Quiz

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

Practice Learn Test

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

$40

$45

$48

$52

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

$160

$200

$240

$320

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

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

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

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

A bookstore offers a 15% discount on all books. If a book costs $20, what is the discounted price?

$15

$16

$17

$18

Mary spends 20% of her monthly income on groceries, which is $150. What is her total monthly income?

$600

$700

$750

$800

Alex invested $3,000 in a stock that has an annual growth rate of 8%. How much will the investment be worth after 4 years?

$3,860.16

$3,968.32

$4,078.98

$4,192.43

#10

If the cost of producing a smartphone is $150, and the company wants a profit margin of 20%, what should be the selling price?

$180

$190

$200

$210

#11

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

#12

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

$30

$50

$60

$70

#13

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

#14

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

#15

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

#16

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

#17

If the annual interest rate on a loan is 7% and the loan amount is $5,000, what is the total interest paid after 3 years?

$1,050

$1,120

$1,190

$1,260

#18

The price of a computer depreciates by 10% each year. If its original value was $1,200, what will be its value after 5 years?

$725.76

$777.60

$810.00

$864.00

#19

The population of a town is 25,000, and it increases by 5% each year. What will be the population after 3 years?

26,125

27,381

28,750

30,238

#20

A credit card has an annual fee of $50. If the monthly interest rate is 2%, what is the interest charged on a $1,000 balance after 6 months?

$10

$12

$15

$18

#21

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

#22

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

#23

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

$103

$106

$109

$112

#24

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

#25

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

$250

$300

$350

$400