Unit 6 Practice Test: All Things Money

Name:
❑
__________________________ 74

1) Write each percent as a fraction.

5 8
a) 75% b) 5 % c) 179% d) 0% e) 3%
3

2) Write each percent as a decimal.

5 6
a) 93% b) 8% c) 186% d) 3 e) 100%
5

3) Round each dollar amount to the nearest cent.

4
a) $89.1864 b) $269.0194 c) $0.99723 d) $20.0183 e) $8.9

4) Write using digits.

3 a) Fifty six dollars and ninety seven cents ______________
b) Eight hundred sixteen dollars and eleven cents _______________
c) Three thousand, five hundred and fifty one dollars ________________

5 5) Find each number

a) 98% of 2 b) 8.3% of 791 c) 89.3% of 23 d) 90% of 73 e) 100% of 78

6) A metal bar weighs 8.15 ounces. 93% of the bar is silver. How many ounces of silver are in the bar?
2

7) At a sale, shirts were sold for $15 each. This price was 80% of their original price. What was the
original price?

8) Abdul deposits $3000 in Montreal Bank for 1 year which earn him an interest of 8%.What is the
2 amount he gets after 1 year?

MPM 2D – Grade 10 Academic Mathematics – Unit 6 Test – Solving Quadratic Equations – Worksheet 1 of 5
 9) Moo Ku Paw stocks shelves at the grocery store and earns $11.40/hour. She worked 32 hours this
week. Calculate her bi weekly pay.

10) Daniella is a sales representative for a cosmetic company. She is paid $5.15 per hour each week
plus a commission of 10% of the amount of sales over $5000. She works 40 hours one week, and
she sells $7260 worth of cosmetics during that week. Calculate her gross pay

11) Bulaya job pays a time and a half after 40 hours. He earns $11.75/hour and last week he worked
47 hours. Find his total pay.
Total Total
Total Regular Regular Overtime Overtime
Regular Overtime Total Pay
Hours Hours rate Hours rate
Pay Pay
4

12) Ola earns $13.45/h and worked 30 hours one week. The deductions from his weekly pay include:
EI $9.74
a) Find Alan’s gross pay and total deductions.
CPP $14.83
Taxes $38.73
4 Total Deductions

b) Find his net pay. c) Find his bi – weekly pay

MPM 2D – Grade 10 Academic Mathematics – Unit 6 Test – Solving Quadratic Equations – Worksheet 2 of 5
 13) Use the following information to complete the pay stub:
Spencer Mark works as a custodian at Home Depot. He works for 5 days each week and for 8 hours
each day. He earns $15.45 per hour. The deductions from his weekly pay are:
EI $6.25
CPP $20.28
Income Tax $28.45 + $32.65
4
Dental Coverage $10.67
Union Dues $14.89

Complete the pay stub if Sepncer is paid bi-weekly.

Paycheque Week ending:
Employee’s Name Position Company

Earnings
Rate Hours Gross Pay

Deductions

Total Deductions

Net Pay
Amount:
(This amount will be paid in cash, or deposited to your account according to your preference)

MPM 2D – Grade 10 Academic Mathematics – Unit 6 Test – Solving Quadratic Equations – Worksheet 3 of 5
 14)You have to pay $650.00 to Danika Joel, your landlord. It needs to be paid by May 25.
Complete the following cheque.

Name: _________________________ 103

Address: __________________________ Date ____________________
__________________________
__________________________

PAY TO_______________________________________________________ $
THE ORDER OF
3 ❑
_________________________________________________________________ DOLLARS
100

MEMO __________________________________ __________________________________

|:103|: |:10321:*890|: 6879---123

15) Grayson went shopping. He decided to buy some school Item Cost ($)
supplies. He bought 2 packs of pencils that cost $3.89 each,
3 packs of erasers for $2.10 each, a pack of lined paper that
costs $5.50, a pack of rulers for $3.19 each
a) Complete the table
2 b) Find Jose’s change if he gives the cashier $25

Total

c) List the change Grayson will receive. To pay with cash

16) Melinda invested $6890 at 2.5%/a simple interest. How much money will Melinda have in
the bank after 10 years? [I = prt]
MPM 2D – Grade 10 Academic Mathematics – Unit 6 Test – Solving Quadratic Equations – Worksheet 4 of 5
 n
17) You borrowed $95 at 5.1%/a compound interest. [ A = P(1+t) ]
a) How much money will you owe if you plan to pay back the loan in 7 years?

b) How much interest will she need to pay?

18) Allie decided to open a bank account on Jan 31st, so she opened the account with an opening
balance on your account is $100. Allie needs to make the following transactions and keep a record
of the amount of money in your account.
a) Purchased office supplies on Feb 3 for $89.10
b) Pay phone bill on Feb 10 of $72.18.
c) Get paid $500 on Feb 13 from working at FreshCo
d) Went for groceries on Feb 19 and spent $62.40
e) Got $30 into the bank on Feb 24 from a refund.
8
Date Description of Transaction Withdrawals ($) Deposits ($) Balance ($)

i) What happened in the account on Feb 10th? ii) What happened in the account on Feb 13th?

MPM 2D – Grade 10 Academic Mathematics – Unit 6 Test – Solving Quadratic Equations – Worksheet 5 of 5