iGCSE Mathematics (0580) - C1.16 Money- Exam Style Questions Paper 1- New Syllabus

Question

Tom buys 2 books costing $8.20 each.

Work out how much change he receives from $20.

Most-appropriate topic codes (Cambridge IGCSE Mathematics 0580):

• TOPIC C1.6 The four operations: Use the four operations for calculations with integers and decimals, including practical situations (Core)
• TOPIC C1.16 Money: Calculate with money (Core)

▶️ Answer/Explanation

First find the total cost of both books: $2 \times \$8.20 = \$16.40$.
Then subtract from $20 to get the change: $\$20.00 – \$16.40 = \$3.60$.
✅ Answer: $\$3.60$

Question

A bag of sweets costs $\$0.34$.
Arun buys $10$ bags of sweets.
Work out how much change he receives from $\$5$.

Most-appropriate topic codes (Cambridge IGCSE Mathematics 0580):

• C1.16 Money

▶️ Answer/Explanation

First, let’s find the total cost for $10$ bags of sweets by multiplying the price of one bag by $10$: $10 \times \$0.34 = \$3.40$. Now, to figure out the change Arun gets back from his $\$5$ note, we just subtract this total cost from $\$5.00$, which gives us $\$5.00 – \$3.40 = \$1.60$.
✅ Answer: $\$1.60$

Question

The table shows some information about Amir’s shopping.

Fruit	Cost per kilogram	Number of kilograms Amir buys	Cost
Oranges	$2.35	3.2	$……
Bananas	$……	2.8	$……
Total			$13.54

Complete the table.

▶️ Answer/Explanation

Solution

Ans:

Oranges cost: 3.2 × $2.35 = $7.52

Bananas cost: $13.54 – $7.52 = $6.02

Bananas cost per kg: $6.02 ÷ 2.8 = $2.15

Question

On the internet, Pranay sees a grey jacket for 165 euros (€) and a blue jacket for $180.

These are the exchange rates:

€1 = 76.05 rupees
1 rupee = $0.0152

Work out which jacket is the cheapest and by how many rupees.

The ……………………. jacket is cheapest by ……………………. rupees

▶️ Answer/Explanation

Solution

Ans: The blue jacket is cheapest by 706 rupees.

Step 1: Convert the grey jacket’s price (€165) to rupees:

$165 \text{ euros} \times 76.05 \text{ rupees/euro} = 12,548.25 \text{ rupees}$.

Step 2: Convert the blue jacket’s price ($180) to rupees. First, find the rupee-to-dollar rate:

Since $1 \text{ rupee} = \$0.0152$, then $\$1 = \frac{1}{0.0152} \approx 65.7895 \text{ rupees}$.

Now, convert $180 to rupees: $180 \times 65.7895 \approx 11,842.11 \text{ rupees}$.

Step 3: Compare the two prices in rupees:

Grey jacket: 12,548.25 rupees, Blue jacket: 11,842.11 rupees.

Difference: $12,548.25 – 11,842.11 = 706.14 \text{ rupees}$.

Thus, the blue jacket is cheaper by approximately 706 rupees.

iGCSE Mathematics (0580) - C1.16 Money- Exam Style Questions Paper 1- New Syllabus

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