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Household Bills and Budgets Quiz (Grade 5)

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Household Bills and Budgets Quiz (Grade 5)

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Household Bills and Budgets Quiz (Grade 5)

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Lebanon

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Household Bills and Budgets Quiz (Grade 5)
 

Household Bills and Budgets Quiz (Grade 5)Online version

Household Bills and Budgets Quiz (Grade 5)

by Hidden Author
1

A family has income K14,350 and expenses K14,670. What is the balance?

2

What does a negative balance mean?

3

By how much must the K14,670 expenditure be reduced to equal K14,350 income?

4

The suggested cuts are K150, K100, K50, and K20. What is their total?

5

If the family makes all those cuts, what new balance is produced?

6

Which is an example of expenditure?

7

Which is an example of income?

8

What is the minimum income needed to cover expenses of K14,670 with no deficit?

9

Why can savings be useful in a household budget?

10

Which action can improve a negative balance?

11

If income is K5,000 and expenditure is K4,700, what is the balance?

12

If income is K5,000 and expenditure is K5,200, what is the balance?

 
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