## Take the test . Can you work out how much change you should get from your shopping? Phenomenal weakness in adult Financial skills

##
The study, from Cambridge University and University
College London, phenomenal weaknesses in adults' financial skills across 31 countries.
It found that a quarter of adults find simple financial graphs, addition and
subtractions a challenge.
How do you fare with a sample of some of the questions.
Examples of the sorts of questions asked

1. If you bought four packs of tea: chamomile (£4.60), green (£4.15), black (£3.35) and lemon (£1.80) with a £20 note, how much change would you get?2. If a litre of cola costs £3.15, how much will you pay for a third of a litre?

3. If a football club offers the same discount for all season tickets - Main Stand - $50 for single entry, £300 for a season; Stand 2 - £35 for single entry, £210 for a season; Stand 3 - £25 for single entry, £150 for a season - what would the price be for a Stand 4 season ticket, where a single entry costs £21?

*The answers are £6.10, £1.05 and £126 respectively.*

*Read the full article here*

### A few tips to help with calculations

1: Find Pairs of Numbers that Add to 10

**2: Fives Times**: If you have a multiplication of five, then an easy way to find the answer is to half the multiplied number and times by ten.

For example: 28 * 5 = (28 / 2) * 10 = 140

3: To find 10 percent just divide by 10. To find 20 percent just double 10 percent.

10 percent of 100 is £10. 20 percent is £20 pounds.

4: 11 times a number. 11 x 16 is - Separate out the 1 and 6 ( from the number 16) Then add the one and six together and put it in the middle 1

__7__6. The answer to 11 times 16 is 176! Try it for 14 times 11 and check your answer on a calculator.
## Post a comment