TOPICAL PRACTICE 5

Money

SECTION A
1 Fill in the blanks with the correct answers.

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Profit Cost price Selling price Loss

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(a) is the price of an item bought before selling it.

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(b) is the price of an item sold to the buyer.

(c) is obtained when the selling price is more than the cost price.

(d) is obtained when the cost price is more than the selling price.
ja
2 The diagram shows the price of a television 3 The diagram shows the price of a smart
bought by Mr Sam. phone bought by Jon from a shop.
Fa

RM1 600
RM1 000
d

After using it for 6 months, Jon sells the

or

phone to his brother for RM1 250. What is his

loss?
Mr Sam sells the television in his shop for
RM1 750. What is his profit?
xf
O

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 Topical Practice 5

Madam Ros bought 6 blenders, 2 rice

SECTION B cookers and a wok. She paid a total of
RM2 700. How much was the wok?
Instruction: Circle the correct answer. A RM124.60
B RM124.90
1 A deduction from the amount of debt when C RM136.70
the debt is paid faster than the time given D RM145.60
is called  .
A a discount 5 Mr Abdul bought a car for RM56 000. After
B a rebate using it for two years, he sold the car at
C an interest a loss of 15% of the original price. What is
D a liability the selling price of the car?

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A RM8 400
2 Which of the following is an asset? B RM19 500
A Gold C RM47 600

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B A pet D RM64 400
C Tax
D Car loan 6 The diagram shows an incomplete bill of
items bought by Madam Siti.

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3 The diagram shows a motorcycle.
Quantity Item Unit price Price
HOTS

3 kg Prawns RM15.50
4 kg Squids RM18.00
ja
1 kg Crabs RM24.50
Total
Fa

RM45 690
What is the total price she has to pay?
A RM138.50
B RM139.00
Mr Siva pays RM4 569 as down payment and C RM143.00
intends to pay the balance in 60 monthly D RM143.50
d

instalments. How much must he pay each

month? 7 The table shows the cost price and selling
A RM635.50
or

HOTS price of a watch and a camera.

B RM685.35
C RM699.90 Item Cost price Selling price
D RM700.00
xf

Watch RM209
4 The diagram shows the prices of a blender Camera RM880 RM825
and a rice cooker.
O

Mr Chong made a loss of RM100 after selling

both items. Find the cost price of the watch.
A RM254 C RM164
B RM249 D RM109

8 The selling price of 5 files in Sara’s shop is

HOTS RM40. The cost price of 250 files is RM750.
Calculate Sara's profit if she sells all 250 files.
RM343.90 RM245.50 A RM850 C RM1 150
B RM950 D RM1 250

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Topical Practice 5

9 Mr Idris paid RM2 839.50 for 7 pairs of sport 10 The cost price of a laptop is RM2  490.
HOTS shoes and 30 pairs of track pants after HOTS Mr Haziq sells 5 laptops with a profit of
given a discount of 10% for all items. If the RM2  050. Calculate the selling price of a
selling price of a pair of sport shoes was laptop.
RM215, how much was the price of a pair of A RM2 700
track pants? B RM2 900
A RM35 C RM55 C RM2 950
B RM48 D RM60 D RM3 000

SECTION C

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Instruction: Show the working and write the answer in the space provided.

01
1 (a)  is a document listing 3 The cost price of 20 watermelons is RM320.
goods or services supplied as a proof If the watermelons are sold at a loss of
in a transaction between a seller to RM2.20 each, what is the selling price of
a buyer. a watermelon?

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(b) is a record of purchase
requesting the buyer to pay for it.
ja
(c) is a deduction from a
debt when the remainder of the debt
is settled faster than a given time.
Fa

2 Sherman bought 16 durians for RM288. 4 The diagram shows a bill of items bought
HOTS He sells each durian for RM33. Calculate HOTS by Madam Zuraina.
his profit or loss.
Item Price per kg Quantity
d

Prawns RM24.00 3 kg
Fish RM15.50 5 kg
or

Squids RM9.80 2 kg
Crabs RM32.40 6 kg
xf

What is the total amount she has to pay?

O

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 Topical Practice 5

5 The diagram shows an invoice from FloMaz 7 After paying his car loan for two years,
Book Company to a school. Mr Nizam still had a remainder of
RM31 524.80 of loan. He wanted to settle
Invoice his loan. At the counter, he was asked to
FloMaz Book Company
pay RM30 000 only.
Bill to Invoice No. 10355
SK Taman Cantik Date: 20/10/2017 (a) Calculate the rebate.
Code Item Quantity Price Total

M57 Mathematics Books 75 RM12.90 RM967.50

S43 History Books 150 RM8.40 RM1 260.00

(a) State the invoice number.  

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(b) What is the total amount the school
has to pay FloMaz Book Company?

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(b) Aset Encik Nizam ialah  .

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8 Mr Kamarul saves RM3 000 in a bank with
HOTS an interest of 5% per annum. State the
amount of money, to the nearest ringgit,
of his saving at the end of the third year.
ja
6 Suresh spends RM250 at a restaurant. The
service tax imposed by the restaurant is
Fa
5%. Calculate the total amount Suresh has
to pay.
d
or
xf
O

Level Performance Standard

1 State profit and loss, discount, cost price, selling price, bill, invoice, rebate, asset and liability, interests and service tax.
2 Solve number sentences involving money.
3 Justify the answers for solving number sentences involving money.
4 Solve daily routine problems involving money.
5 Solve daily routine problems involving money using various strategies.
6 Solve daily non-routine problems involving money creatively and innovatively.

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