Money: 5 practice questions
Free practice on Money for Class 6, 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 6, 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.
Profit = SP − CP (when SP > CP). Loss = CP − SP (when SP < CP). Profit % = profit ÷ CP × 100. If CP = 500 F, SP = 600 F, profit = 100 F, profit % = 100 ÷ 500 × 100 = 20%.
| CP (F) | SP (F) | Profit/Loss |
|---|---|---|
| 500 | 600 | Profit 100 (20%) |
| 1,000 | 800 | Loss 200 (20%) |
| 2,000 | 2,500 | Profit 500 (25%) |
A discount is a REDUCTION off the marked price. Marked price 2000 F with 15% discount: discount = 2000 × 15 ÷ 100 = 300 F. You pay 2000 − 300 = 1,700 F.
For a shopping bill with many items and quantities, use a table. Sum each row (unit price × quantity), then sum the column. Always double-check with a mental estimate.
| Item | Qty | Unit | Total |
|---|---|---|---|
| Rice | 3 kg | 800 F | 2,400 F |
| Oil | 2 L | 1,500 F | 3,000 F |
| Beans | 2 kg | 600 F | 1,200 F |
| GRAND | 6,600 F |
A dress costs 5000 FCFA. The trader gives a 10% discount. How much do you pay in FCFA?
Write your answer, then check below.
Answer: 4500
10% of 5000 = 500, so 5000 − 500 = 4500 FCFA.
Mama Ekema buys a bag of garri for 8000 FCFA and sells it for 9500 FCFA. What is her profit in FCFA?
Write your answer, then check below.
Answer: 1500
A trader buys a radio for 6000 FCFA and sells it at a loss of 500 FCFA. What is the selling price in FCFA?
Write your answer, then check below.
Answer: 5500
Selling price = cost price − loss.
What is 20% of 15,000 FCFA?
Write your answer, then check below.
Answer: 3000
A phone bought for 2000 FCFA is sold for 2500 FCFA. What is the profit as a percentage of the cost price? (answer in %)
Write your answer, then check below.
Answer: 25
Profit = 500. 500 ÷ 2000 × 100 = 25%.
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