Money: 5 practice questions
Free practice on Money for Class 5, following the Cameroon primary school curriculum (English subsystem). Every answer is explained, so a parent who is not sure of the answer can still help.
Free practice on Money for Class 5, following the Cameroon primary school curriculum (English subsystem). Every answer is explained, so a parent who is not sure of the answer can still help.
A bill lists items and their prices. Add them for the total. Trader honesty is important — always ask for a bill for big shopping.
| Item | Quantity | Price (F) |
|---|---|---|
| Rice (1 kg) | 2 | 1,600 |
| Cooking oil | 1 | 1,200 |
| Tomatoes (heap) | 3 | 1,500 |
| TOTAL | 4,300 |
Other countries use other money. 1 US dollar ≈ 600 FCFA (rate changes daily). 1 euro ≈ 656 FCFA (fixed for CFA). To change, multiply by the rate.
| Foreign | ≈ FCFA |
|---|---|
| 1 USD ($) | 600 F |
| 1 EUR (€) | 656 F |
| 1 GBP (£) | 750 F |
| 10 EUR | 6,560 F |
Cost price (CP): what the seller paid. Selling price (SP): what they charge. If SP > CP, that difference is PROFIT. If SP < CP, LOSS. Profit = SP − CP.
| CP (F) | SP (F) | Result |
|---|---|---|
| 800 | 1,000 | Profit 200 F |
| 500 | 450 | Loss 50 F |
| 1,200 | 1,500 | Profit 300 F |
A trader buys a basket of tomatoes for 4000 FCFA and sells it for 5000 FCFA. What is her profit in FCFA?
Write your answer, then check below.
Answer: 1000
Profit = selling price − cost price.
Pa Ndip buys a goat for 30,000 FCFA and sells it for 27,500 FCFA. What is his loss in FCFA?
Write your answer, then check below.
Answer: 2500
Loss = cost price − selling price.
Shopping bill: rice 2500 FCFA, fish 1500 FCFA, oil 1000 FCFA. What is the total in FCFA?
Write your answer, then check below.
Answer: 5000
The CFA franc has a fixed rate with which foreign currency?
Answer: B. the euro
A trader buys 10 pineapples at 200 FCFA each and sells them all at 300 FCFA each. What is her total profit in FCFA?
Write your answer, then check below.
Answer: 1000
Profit per pineapple = 100 FCFA, × 10 = 1000 FCFA.
The app holds every question on this page and hundreds more, works with no internet after the first load, and costs nothing. It fits on a shared phone.