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Long_Spending_Money_Word_Problems

The document contains a series of long word problems focused on spending money, covering various financial scenarios such as budgeting, expenses, loans, investments, and profits. Each problem requires calculations related to income, expenses, savings, and costs in different contexts. The problems are designed to enhance understanding of financial management and arithmetic skills.

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irihomanzipro
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4 views

Long_Spending_Money_Word_Problems

The document contains a series of long word problems focused on spending money, covering various financial scenarios such as budgeting, expenses, loans, investments, and profits. Each problem requires calculations related to income, expenses, savings, and costs in different contexts. The problems are designed to enhance understanding of financial management and arithmetic skills.

Uploaded by

irihomanzipro
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Long Word Problems on Spending Money

1. A man had $10,000 in his bank account. He paid $2,500 for rent, $1,800 for a new laptop, and

$3,200 for a vacation. After these expenses, he received a salary of $4,000. How much money does

he have in his account now?

2. Sarah earns $4,800 per month. She spends 30% of her income on rent, 20% on groceries, 15%

on transportation, and saves the rest. How much does she save each month?

3. A person took a loan of $25,000 from the bank. He has to repay it in 10 months, making equal

payments each month. How much does he have to pay per month?

4. A family has a monthly budget of $6,500. They allocate $2,000 for rent, $1,500 for groceries,

$800 for utilities, and $700 for transport. The rest is for entertainment and savings. How much do

they have left for these two categories?

5. A shopkeeper bought 200 items at $15 each and sold them at $25 each. Calculate the total cost,

total revenue, and the total profit he made.

6. John is planning a road trip. He estimates that he will drive 1,200 miles and that his car consumes

fuel at a rate of 30 miles per gallon. If gas costs $4 per gallon, how much will he spend on fuel?

7. Emily has a monthly salary of $7,200. She spends 35% on rent, 25% on food and groceries, and

10% on entertainment. She also sets aside $800 for savings. How much does she have left for

miscellaneous expenses?

8. A businessman bought a second-hand car for $18,000. He spent $2,500 on repairs and then sold

it for $24,500. What was his profit?

9. A woman invests $15,000 in a business. Each month, she earns a 5% return on her investment.

How much does she earn after 6 months?


10. A hotel charges $120 per night for a room. A guest books a room for 14 nights but gets a

discount of 10% on the total cost. How much does he have to pay?

11. A person subscribes to a gym that charges $50 per month. If he pays for an entire year in

advance, he gets a 15% discount. How much does he pay for the year?

12. A company pays its employees a combined total of $60,000 per month. If they decide to

increase salaries by 8%, how much will their new monthly payroll be?

13. A man spends $75 on coffee each week. How much does he spend in a year?

14. A customer bought a refrigerator for $1,200 on a financing plan where he pays $150 per month.

How many months will it take him to pay off the refrigerator?

15. A family spends $950 per month on groceries. Due to inflation, prices increase by 10%. How

much will they need to spend per month now?

16. A taxi company charges a base fare of $5 plus $2 per mile. If a passenger travels 18 miles, how

much will the trip cost?

17. A football club spent $350,000 on player salaries, $125,000 on stadium maintenance, and

$80,000 on advertising. What is their total expenditure?

18. A woman spends $600 per month on online shopping. If she reduces her spending by 20%, how

much will she save in a year?

19. A bakery owner spends $3,000 on ingredients, $2,500 on rent, and $1,200 on utilities each

month. If the bakery makes $10,500 in sales per month, what is the monthly profit?

20. A mobile phone company offers a plan that costs $40 per month plus an additional $0.10 per

minute for calls. If a customer talks for 500 minutes, how much will his bill be?

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