Loading…
Loading…
You learn how to work out money changes in daily life, such as interest earned, a lower sale price, or profit on goods. These calculations help you judge savings, buying, and selling more carefully.
You should be comfortable with fractions, percentages, and multiplication. You also need to understand how to read money values correctly.
One question from this skill's own question bank, shown with its full working.
Ama deposits GH₵2,000 at 5% simple interest per year. How much interest does she earn in 3 years?
Working: Simple interest = PRT/100 = 2000 × 5 × 3 ÷ 100 = GH₵300.
This topic normally appears in Junior High School work on percentages and everyday money calculations. It is useful preparation for BECE-style questions that test practical arithmetic with money.
Curriculum notes are a general guide to where this work normally sits. Always check the syllabus your school or examination body is currently using.
Other Financial Maths & Money Sense skills in Maths, at the same point in the course.
Core Maths is compulsory and it fails more WASSCE candidates than any other paper. This guide breaks…
The BECE decides SHS placement for every JHS graduate in Ghana. Here is a realistic, week-by-week st…
8 questions with a worked answer after every attempt, and a SmartScore that tracks how close you are to mastery.