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MathIQO worksheet

Build and modify a budget to determine a balance · Grade 9 · F1.4

Name: ______________________

Date: ______________________

1
Marcus earns $3400 a month. He spends $300 on his rent-share, $200 on food, and $400 on transit. How much is left over?
Warm-up
Answer:
2
Marcus earns $4200 a month. He spends $200 on his rent-share, $500 on food, and $800 on transit. How much is left over?
Warm-up
Answer:
3
Marcus earns $3900 a month. He spends $400 on his rent-share, $500 on food, and $400 on transit. How much is left over?
Warm-up
Answer:
4
Nadia earns $3900 a month with $1200 rent and $400 other costs. If her rent rises by $250, what is her new leftover amount?
On level
Answer:
5
Nadia earns $3000 a month with $500 rent and $600 other costs. If her rent rises by $100, what is her new leftover amount?
On level
Answer:
6
Nadia earns $3900 a month with $500 rent and $700 other costs. If her rent rises by $150, what is her new leftover amount?
On level
Answer:
7
Aisha has $3500 income and $1300 expenses each month, and saves the rest. After one year, and after paying a $500 annual insurance bill, how much has she saved?
Challenge
Answer:
8
Aisha has $3800 income and $1300 expenses each month, and saves the rest. After one year, and after paying a $700 annual insurance bill, how much has she saved?
Challenge
Answer:
9
Aisha has $3100 income and $1000 expenses each month, and saves the rest. After one year, and after paying a $1000 annual insurance bill, how much has she saved?
Challenge
Answer:

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Worksheet code: eyJzIjoiZmluYW5jaWFsLWJ1ZGdldC1iYWxhbmNlIiwiZCI6WzIwMjg3NTM0MzIsMTkzODUzMDg2NiwyMDM1ODE1OTA3LDU3NjE5MjE5LDYzNzk1NTA5NywxODgyNjg3NDc5LDEyMDcyNDIyNzQsNTI3NDY2MDEsMTMzNjg2MTQ2Ml0sInYiOjF9.d7910e9a0d3c

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Answer key · Build and modify a budget to determine a balance

1.
2500 — Total spending = $300 + $200 + $400 = $900. Left over = $3400 − $900 = $2500.
2.
2700 — Total spending = $200 + $500 + $800 = $1500. Left over = $4200 − $1500 = $2700.
3.
2600 — Total spending = $400 + $500 + $400 = $1300. Left over = $3900 − $1300 = $2600.
4.
2050 — New rent = $1200 + $250 = $1450. Leftover = $3900 − $1450 − $400 = $2050.
5.
1800 — New rent = $500 + $100 = $600. Leftover = $3000 − $600 − $600 = $1800.
6.
2550 — New rent = $500 + $150 = $650. Leftover = $3900 − $650 − $700 = $2550.
7.
25900 — Monthly leftover = $3500 − $1300 = $2200. Over 12 months: $26400. After insurance: $26400 − $500 = $25900.
8.
29300 — Monthly leftover = $3800 − $1300 = $2500. Over 12 months: $30000. After insurance: $30000 − $700 = $29300.
9.
24200 — Monthly leftover = $3100 − $1000 = $2100. Over 12 months: $25200. After insurance: $25200 − $1000 = $24200.