Total Cost and Change
You buy a laptop for £349.99 and a printer for £89.50. What is the total cost?
£439.49
A store sells a jacket for £75.50. Another store sells the same jacket for £68.99. How much can you save?
£6.51
List four ways you can pay for a £50 purchase.
Cash, debit card, credit card, mobile payment (e.g. Apple Pay)
You buy 100 bottles of water for £150 and sell them all for £2 each. What is your profit?
Income = 100 x £2 = £200
Profit = £200 – £150 = £50
You have £500. You want to buy a laptop for £320 and accessories for £115. How much will you have left?
£65
You pay £500 for items costing £376.25. How much change do you get?
£123.75
Product A costs £4.75 for 500g, Product B costs £8.40 for 1kg. Which is cheaper per 100g?
Product A: £4.75 ÷ 5 = £0.95 per 100g
Product B: £8.40 ÷ 10 = £0.84 per 100g
→ Product B is cheaper
What is the main difference between a debit card and a credit card?
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You buy 50 T-shirts for £400. You sell 30 for £12 each but 20 for £8 each. What is your total income and profit?
Income = (30 x £12) + (20 x £8) = £360 + £160 = £520
Profit = £520 – £400 = £120
ou plan a party with a £1000 budget. You spend £450 on food, £250 on drinks and £300 on decorations. Are you within budget?
Yes, total £1000 exactly
You purchase 7 books at £12.45 each. What is the total cost?
£87.15
A phone plan costs £19.99 per month or £215 per year upfront. Which is cheaper and by how much?
Monthly total = £19.99 x 12 = £239.88
£215 upfront saves £24.88
Explain one advantage and one disadvantage of using contactless payment.
Advantage: Faster and more convenient
Disadvantage: Small risk if lost/stolen
You spend £600 on stock and sell it for £550. What’s your loss?
£50 loss
Your monthly income is £1500. You spend £800 on rent and bills, £300 on food and £200 on leisure. How much do you save?
£1500 – £800 – £300 – £200 = £200 saved
You buy a TV for £729.99 and a soundbar for £198.75. You pay with £1000. What change do you get?
Total = £729.99 + £198.75 = £928.74
Change = £1000 – £928.74 = £71.26
Store A sells 3 bottles of juice for £6.45. Store B sells 5 bottles for £10.60. Which store has the better price per bottle?
Store A: £6.45 ÷ 3 = £2.15 per bottle
Store B: £10.60 ÷ 5 = £2.12 per bottle
→ Store B is better by 3p
If you pay £250 by cheque, how long might it take to clear compared to paying by card?
Cheques can take several days to clear; card payments are usually instant or within 1 day.
Your business spends £1200 on supplies and sells goods for £1450. What’s the percentage profit? (You can use a calculator)
Profit = £250
Percentage profit = (£250 ÷ £1200) x 100 = 20.83%
You want to save £500 in 5 months. How much do you need to save each month?
£500 ÷ 5 = £100 per month
You spend £485.60 on furniture, £125.75 on appliances, and £289.90 on decor. You have £1000. How much is left?
Total = £485.60 + £125.75 + £289.90 = £901.25
Leftover = £1000 – £901.25 = £98.75
You have two offers:
Buy 4 snacks for £12.00
Buy 6 snacks for £18.75
Which offer gives a better price per snack?
4 snacks: £12 ÷ 4 = £3 each
6 snacks: £18.75 ÷ 6 = £3.125 each
→ 4 snacks offer is better value
Describe a situation where paying by cash might be better than using a card.
Small purchases where you want to control spending or when cards are not accepted.
You sell 200 items for £15 each. Your costs are £2500. What is your total profit or loss?
Income = 200 x £15 = £3000
Profit = £3000 – £2500 = £500 profit
You have £1200 to budget for a holiday. Flights cost £400, accommodation £650 and spending money £200. How much do you need to adjust your budget?
Total = £400 + £650 + £200 = £1250, which is £50 over budget