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Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Questions 1. Tax Credits John is a PAYE employee. His personal tax credits are €1760 per year and his PAYE credits are €1760 per year. John earns €2500 gross pay per month. The tax rate is 20%. He also pays PRSI on his gross wage at the rate of 7%. a) How much tax credits is John entitled to per month? b) How much tax does John pay per month? c) How much PRSI does John pay per month? d) What is his net pay per month, assuming that there are no other deductions? VAT (Value Added Tax) 2. A meal in a restaurant costs €84 plus VAT at 21%. Find the total cost of the meal including VAT. 1 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Bulk Buying 3. A garage sells bunches of flowers which it buys from a local nursery. The garage pays €1.80 per bunch and sells them for €3.00 per bunch. On a particular day, a garage buys 24 bunches of flowers, and sells them all. a) What is the total cost price of the flowers? b) What is the total selling price of the flowers? c) What would the overall profit be on the fowers? Simple Interest Interest = Principal X Time X Rate 100 4. Michelle invested €5000.00 in mutual fund with the interest rate of 4.8%. How much interest would she earn after 2 years? 2 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Discounted Goods 5. John decided to buy a new car for €22500. If he can pay cash for the car, he will receive a 7.5% discount. How much will the car cost if he pays in cash? How much will he save by paying in cash? 3 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Compound Interest 6. A = P (1 + r )ⁿ 100 Use the compound interest formula to find the compound interest on €2800 invested for 2 years at 7%. Currency Conversion 7. €1 = US $0.85 a) What is the equivalent in Euros of $1700? b) What is the equivalent in US $ of €2500? 4 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Assignment 2 based on Unit 3 Write each of the following statements as algebraic expressions. 1. I think of a number and add 6. 2. I think of a number and double it. 3. I add 3 to a certain number and double the result. 4. I take 4 from 3 times a certain number. 5. Think of a number, double it, then multiply the result by 3. Write an equation for each of the following and then solve the equation. 1. When 7 is added to a certain number, the result is 21, what is the number? 5 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 2. When 2 is taken from 3 times a certain number, the answer is 7. Find the number. 3. When 4 is added to a certain number and the result is multiplied by 3, the answer is 27. Find the number. 4. I multiply a number by 6 and then add 8. If the answer is 38, find the number. 5. I add 4 to twice a certain number and multiply the result by 4. If the answer is 72, find the number. Real life situations. Derive the equation and solve. 1. If the perimeter of the given rectangle is 64cm, find the length and width of the rectangle. 6 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 x X+6 2. The angles of a triangle add up to 180 degrees. Two angles are equal and the other angle is 54 degrees. Find the equal angles. 3. One angle of a triangle is twice as big as the second angle. If the third angle is 57 degrees, find the other two angles. 4. If the perimeter of the given triangle is 26cm, find the value of x. 7 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 x-4 x x 5. A kilogram of apples costs 15c more than a kilogram of oranges. If 3kg of apples and 5kg of oranges cost €8.05, find the cost of a kg of apples. Multiplication; Solve the Following; 1. 3 * a = 2. 4 * 5 * y = 3. 2 * a * 3 * b = 4. 4 * 2 * g = 5. 5 * a * b = Addition and subtraction; Solve the following; 1. x + 2x + 3x 8 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 2. 2x + y + 3x + 6y 3. 3x + 2y + 3+ 4x + 3y+ 1 4. 7x - 3x - 4 +7 5. 5k + 3 - 4k + 6 + k – 4 6. 6x – xy + 5x – 7xy 7. 6ab + 2cd – ab + 3cd 8. 4 – 3a + 2b + 7a – b – 1 9. y + 4 – 3x + 9x + 2y – 7 10. 6x – 2 + 5y -3 + x – y Division; Solve the following; 6x = 2 10y = 5y 20a + 10b = 2 6x – 6y = 3 25x – 10y = 9 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 5 Brackets; Solve the following; 1. 4(x + 2) 2. 3(a + 6) 3. 4(2a – 7) 4. 3(x + 2y + 1) 5. 6(2a + b + 3) 6. 5(x + 2y) – 3x + 2y 7. 8(a + b) – 4(2a + 3b) 10 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 8. 4(a + 3b + 1) + 2(a – 2b – 1) 9. 4(x + y) + x – y + 2(x – y) 10. 2x – 3y – 4(x + 2y) + 3x Change the subject of the following equations and simplify: 1. x = y – 1 2. x = y + 5 – 2 3. x = 3y – 1 4. y = 4x + 10x – 4 +11 11 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 5. y = 11x – 7x + 3 Evaluate each of the following when x = 2 and y =3 1. x + y = 2. 2x + 3y = 3. 8y = 4. y2 + x2 = 5. 3x2 = 6. 4x2 + y2 = 7. 5xy - 2y2 = 8. xy2 = 9. 3y2 – 2x = 10. 6x2 – 3xy = 12 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Solve the following linear equations: 1. x + 2 = 5 2. 2x – 3 = 5 3. 2x – 4 = 2 4. 6 – x = 4 5. 4x – 5 = x + 7 6. 3x + 1 = 2x + 2 7. 4x – 5 = x + 7 8. 1 – 2x = 5 13 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 9. -2x + 7 = 3 10. 5(x – 2) = 2x + 2 11. 6x + 4 = 4(x – 2) Assignment 3 Data Handling 1. Find the mean, the mode and the median of the following sets of numbers. (i) (ii) (iii) 12, 8, 14, 8, 16, 20 5, 8, 3, 7, 8, 9, 14, 8, 6 170, 168, 170, 179, 173, 175, 182 (i) Mean Mode Median 14 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 (ii) Mean Mode Median (iii) Mean Mode Median 2. (i) Find the weighted average of the following numbers Numbers Weight 1 6 2 2 3 3 4 5 5 4 (ii) The following table shows the marks awarded in four subjects and the weights given to each subject. Mark Irish 52 English 58 Maths 46 Science 48 15 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Weight 2 3 4 1 Calculate the weighted average. (iii) Find the weighted average of the following numbers. Numbers Weight 2 5 4 7 6 6 8 4 10 3 3. (i) 15 children were asked to choose their favourite animal from the following three; dog, cat, or horse. The results were as follows; D stands for Dog C stands for Cat H stands for Horse D C H H D D C D H C D D H D D Tabulate these results in a Frequency Table Animal No. of Children Dog Cat Horse (ii) Put the information above in the form of a Bar Chart. 16 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 (iii) Draw a Pie Chart to represent this information Find the segment sizes first. 4. (i) 20 chefs were asked to choose their favourite vegetable from either onion, carrot, potato or Turnip. The results were as follows with O indicating onion C indicating carrot P indicating potato 17 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 T indicating turnip T T P P O C P O P P O C C P C C P P P P Tabulate these in a Frequency Table Vegetable No. of Chefs Onion (ii) Carrot Potato Turnip To represent this information, draw a Bar Chart 18 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 (iii) To represent this information, draw a Pie Chart First find the segment angles 5. (i) 15 people were asked how they traveled to work; either car, bus or bike. The results were as follows with C indicating car B indicating Bus Bk indicating Bike C C C B B Bk C C C C Bk B C B B Bk Tabulate these results in a frequency table Vehicle No. of People (ii) Car Bus Bike Draw a Bar Chart to represent this information 19 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 (iii) To represent this information, draw a Pie Chart First find the segment angles 20 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 1. In order to determine which of these Car colours is the most popular – collect statistical information on the first 50 qualifying cars to pass, at an appropriate location in your area. The broad colour ranges for consideration are – Red - Include all tones White - Include all tones Black - Include all tones Blue - Include all tones Analyse the collected Statistical Data Present your results in the form of a bar chart and a pie chart. Comment on your findings. 21 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Fill in the table below using the first 50 cars to pass. Use 1 2 3 4 5 6 7 8 9 10 R for Red BL for Black W for white B for Blue 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Now Tabulate the results in the below table: Colour Red Black Frequency (i) 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 White Blue Represent your findings in a Bar Chart 22 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 (ii) Draw a Pie Chart to represent this information Find the segment sizes first. Comment on your findings: 23 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Title – Co-ordinate Geometry 2. Derive and apply a function in which the input is the mass of roast beef (in Kilos) and the output is the time (in minutes) which the roast beef should spend in the oven. The time in the oven is 20 minutes + 45 minutes per KiloF(x) = Generate oven times for 3 Kilos 5 Kilos Apply the formula to the two weights so as to generate the recommended oven times. Weight Weight F(x) = F(x) = = = = = Generate two sets of ordered pairs based on (Kilo, time) Correctly relate the Axis to actual time = 24 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Scale the above appropriately and plot the ordered pairs. Re-tabulate for X and Y X Y 25 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Fill in the following with your results Weight Oven Time 26 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 3. Derive and apply the function in which the input to a machine is doubled and one added to the resultant output. F(x) = Generate outputs for the inputs of – 3 and 5 Apply the formula to the two inputs so as to generate output figures. Input of 3 Input of 5 F(x) = F(x) = = = = = Generate two sets of ordered pairs based on (Kilo, time) Correctly relate Axis to actual time = 27 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Scale the above appropriately and plot the ordered pairs. Re-tabulate for X and Y. X Y Redraw on X and Y Axis 28 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Fill in the following with your results. Machine Input Machine Output 4. 29 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 In order to generate recommended Home-work Study times, please survey four secondary school going friends of different ages and complete the following data table; First Name Year Devise a formula which will allow one year to be added to a student’s age and the result divided by two. Now, apply the formula to the four student ages so as to generate the recommended homework times. Name: Name: Name: Name: Generate four ordered pairs based on year and time. Correctly relate Axis to actual time. 30 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Scale the above appropriately and plot the ordered pairs, Re-tabulate for X and Y X Y Redraw on X and Y Axis 31 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Fill in the following table with your results Name Year Home-work Times. Slope of a Line 32 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 Find the slope of the line which passes through these pair of points; Slope = y2 – y1 x2 – x1 (i) (1,2) and (3,5) (ii) (2,1) and (9,7) (iii) (1,0) and (6,2) Angles 1. Construct an angle whose measure is 75º 2. Construct an angle whose measure is 32º 33 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 3. Construct an angle whose measure is 58º 4. Construct an angle whose measure is 90º 5. Construct the triangle pqr so that [pq] = 7cm, [pr] = 5cm and [qr] = 6cm . 6. Construct the triangle abc so that [ab] = 6cm, the angle ba = 65º, and [ac] = 4cm 34 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 7. Construct a triangle xyz so that [xy] = 6cm, the angle yxz = 35º, and the angle xyz=70º 8. Find the area of the triangle below 35 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 7cm 10cm 9. The area of a triangle is 150cm2. If its base is 25cm, calculate its perpendicular height. 36 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 10. The area of the given square is 36cm2. Find the length of its diagonal, correct to one decimal place. 11. Find the length of the diagonal of the rectangle below. Give your answer correct to one decimal place. 9cm 15cm 37 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 12. A piece of cardboard is in the shape of the letter T as shown. Find the length of the perimeter of the shape shown. 16cm m 6cm 8cm 4cm 13. A piece of cardboard is in the shape of the letter T as shown. Calculate the area and the perimeter of the shape shown. 17cm 3cm 7cm 11cm 3cm 38 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 14. A piece is in the shape of the letter T as shown. Calculate the area of the shape shown. 16cm 4cm 6cm 10cm 4cm 15. A rectangular piece of card was 24cm wide and 45cm long. A square, 12cm long, and 12cm wide, was cut from one corner as shown. Calculate the length of the perimeter of the shape shown in the diagram. 45cm 12cm 24cm 12cm 16. The garden on the right consists of a rectangular flower bed with the remainder under the grass. Find 39 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 (i) (ii) (iii) The area of the garden The area of the portion of grass The cost of re-seeding the area under grass if it costs €15.50 for every 8m squared. 21m 13m Flower bed grass 15m grass 17. A rectangular fish tank is 1 metre long, 40cm wide and 20cm high. Find the capacity of the tank in litres. 40 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 18. A rectangular oil tank is 3m by 2m by 1m as shown. Find the cost of painting the tank if each 1m squared cost €3.20. 1m 2m 3m 19. 41 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 20. The area of a circle is ¶r². Below are three circles of the radii, 6cm, 8cm, and 10cm. Notice that the radius of the middle circle is half the sum of the radii of the other two circles: 6cm 8cm 10cm (i) Investigate if the area of the middle circle is half the sum of the areas of the other two circles. (ii) Explain why the area of the largest circle is equal to the sum of the areas of the other two circles. 42 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 21. A cylindrical container is full of milk. The height of the container is 12cm and the radius is 7cm. Find the volume of milk in the container. (¶ = 22/7) 7cm Volume = ¶r²h 12cm 22. Find in terms of ¶, the volume of a cone of a radius 3cm and height 5cm. Volume = ⅓¶r²h 5cm 3cm 43 Bantry Maths Level 4 Unit 2 Finance Worksheet 1 23. A cone and a sphere have equal volume. The radius of the cone is 2cm and its height is 8cm. Calculate the radius of the sphere. Volume of sphere = Volume of cone. 44