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Money Worksheet - KS3 - Intermediate

Money worksheet for Key Stage 3 / Year 7-9 (Ages 11-14). Intermediate level maths practice, aligned to the UK National Curriculum. Print-ready with answer key included.

MathsKey Stage 3 / Year 7-9 (Ages 11-14)Moneyintermediate
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Mastering Money: Practical Maths for Everyday Life

Key Stage 3 / Year 7-9 (Ages 11-14) - Intermediate Level

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Instructions: This worksheet focuses on applying mathematical concepts to real-world money problems. You'll work through a variety of activities including calculations, data analysis, and problem-solving tasks. Ensure you show all your workings for full credit.

1

Currency Conversion Practice

Convert the given amounts from British Pounds (£) to Euros (€) using the exchange rate provided. Show all your calculations clearly.

Exchange rate: £1 = €1.15

1. Convert £50 to Euros.

2. Convert £120 to Euros.

3. Convert £75 to Euros.

4. Convert £200 to Euros.

2

Calculating Discounts

Calculate the discounted price for each item after applying the given percentage discount. Show all your workings.

1. Original price: £80, Discount: 20%

2. Original price: £150, Discount: 15%

3. Original price: £60, Discount: 10%

4. Original price: £200, Discount: 25%

3

Understanding Interest

Calculate the simple interest earned on each savings account over 3 years. Use the formula: Interest = Principal × Rate × Time.

1. Principal: £500, Rate: 4% per annum

2. Principal: £800, Rate: 3.5% per annum

3. Principal: £1000, Rate: 5% per annum

4. Principal: £750, Rate: 2.5% per annum

4

Budgeting Exercise

Analyse the monthly budget table and answer the questions below. Calculate the totals and identify areas for savings.

CategoryAmountPercentage
Rent£50025%
Groceries£20010%
Utilities£1005%
Entertainment£1507.5%

1. What is the total monthly expenditure?

2. What percentage of the budget is spent on entertainment?

3. Suggest one category where savings could be made.

5

Profit and Loss Calculations

Calculate the profit or loss for each scenario. Show your workings clearly.

1. Selling price: £120, Cost price: £100

2. Selling price: £75, Cost price: £90

3. Selling price: £200, Cost price: £180

4. Selling price: £50, Cost price: £60

6

Real-Life Money Problems

Solve these real-life money problems. Ensure you show all calculations and reasoning.

1. If you save £30 each month, how much will you have saved after 6 months?

2. You buy 3 books costing £12 each. How much change will you get from £50?

3. A jacket costs £45. If you have a £10 voucher, how much do you pay?

4. You earn £8 per hour. How much do you earn for a 7-hour shift?

7

Percentage Increase and Decrease

Calculate the new amount after the given percentage increase or decrease. Show all calculations.

1. Original amount: £150, Increase: 10%

2. Original amount: £200, Decrease: 5%

3. Original amount: £75, Increase: 15%

4. Original amount: £120, Decrease: 20%

8

Unit Pricing

Determine the unit price for each item and decide which is the better buy. Show your calculations.

1. 500g of cheese for £4.50 or 750g for £6.30

2. 2 litres of juice for £3.20 or 3 litres for £4.50

3. 10 apples for £2.50 or 15 apples for £3.75

4. 6-pack of soda for £3.60 or 12-pack for £7.00

Answer Key

Activity 1: €57.50 ; €138 ; €86.25 ; €230

Activity 2: £64 ; £127.50 ; £54 ; £150

Activity 3: £60 ; £84 ; £150 ; £56.25

Activity 4: £1000 ; 7.5% ; Entertainment

Activity 5: £20 profit ; £15 loss ; £20 profit ; £10 loss

Activity 6: £180 ; £14 ; £35 ; £56

Activity 7: £165 ; £190 ; £86.25 ; £96

Activity 8: £0.009 per gram ; £0.0015 per ml ; £0.25 per apple ; £0.60 per can

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