CONSUMER MATHEMATICS : EXERCISE

SAVINGS AND INVESTMENTS

1. State the type of saving for the following situations

a) Mr. Razak saves his money from sales of RM10 000 in the bank for 5
years.
b) Amelia wants to save her money in the bank with interest and able to
withdraw the savings at any time. Which type of account is the most
suitable for her?

2. State the type of investment which best describe the following

situations

a) Ally receives a dividend of 7% from her invested shared in Hup Seng

company.
b) ABC Company manages Shafiz’s invested money by investing in various
potential companies and he will receives benefits from the investments.

SIMPLE INTEREST

1. Gibsom deposited RM7 200 in a bank with an interest rate of 3% per

annum. Calculate

a) The interest will be earned after 5 years

b) The interest will be earned after 6 months
c) The interest will be earned after 4 months

2. Vanessa deposited RM21 000 in a bank for 6 years. Calculate the

interest rate if the interest given are RM4 032.

3. Emelda deposited RM5 600 in a bank with an interest rate of 4.8% per
annum. How many years needed to earn an interest of RM806.40?

4. Puan Nathania deposited RM500 into her savings account that gives an
interest rate of 4% per annum. How much is Puan Nathania’s savings at
the end of the fifth year?
5. Tony deposited RM4 500 in Mega Bank with an interest rate of 3% per
annum. How much interest will earned by Tony after 3 years?

6. Lyla deposited RM8 000 in Bagus Bank. She earned a total interest of
RM960 after 3 years. Calculate the interest rate given by the bank to
Lyla.

7. Sandra deposits a total of RM5 000 in ADX Bank with an interest rate
of 5% per annum. Compare Sandra’s total savings after

a) 6 months b) 1 year

8. Mina wants to deposit RM8 800 in a bank for 2 years. Bank A offers an
interest rate of 3% per annum whereas bank B offers an interest rate of
4% per annum. What is the difference between the amount of total
savings in both banks? Which bank should Mina deposit her money? Bank
A or Bank B?

9. Encik Rizal plans to deposit RM10 000 in a bank. Hong Meong Bank
offers an interest rate 4.5% per annum whereas RBB Bank offers an
interest rate of 1.6% per annum. Calculate Encik Rizal’s total savings in 9
months if he saves in

a) Hong Meong Bank b) RBB Bank

COMPOUND INTEREST

1. Mariam deposited RM20 000 in a bank with an interest rate of 3% per

annum. What is Mariam’s total savings on the fourth years if the interest
is compounded once in a year?

2. Carol deposited RM34 000 in a bank with an interest rate 4.5% per
annum. Interest is compounded once every 6 months. Calculate the total
savings at the end of fifth year.

3. Olivia deposited RM27 000 in a bank with an interest rate if 4.5% per
annum. Interest is compounded once every 4 months. Calculate the total
savings after 2 years.
4. Joshua deposited RM34 500 in a bank with an interest rate of 2.4%
per annum. Interest is compounded once every 2 months. Calculate the
total savings at the end of seventh year.

5. Ms. Tan saves RM15 000 in her savings account with an interest rate of
3% per annum and compounded once every 2 months. Calculate Ms.Tan’s
total savings at the end of fourth year?

6. Puan Norah deposited RM20 000 in January 2021 in the bank with an
interest rate of 4.5% per annum. What is Puan Norah’s total savings in
December 2021 if the interest is compounded every 6 months?

7. Chandran plans to save RM25 000 in his saving account with a rate of
3% per annum. How much is his total savings at the end of third year if
the interest is compunded

a) Once every 3 months b) Once every 6 months

State the difference between Chandran’s total savings with different

compounding frequencies.

8. OCDD Bank has 6% interest rate per annum for saving in fixed deposit
account. How much is Jasmine’s fixed deposit account at the end of fifth
year when she saves RM30 000 if the interest is compounded

a) Once a month b) Once every 6 months

Which is the better choice for Jasmine to save her money in OCDD Bank
fixed deposit account?

9. Puan Suzie wants to deposit RM30 000 in UAB Bank. The bank offers
an interest rate of 6% per annum for 3 years. Should Puan Suzie choose
simple interest or compound interest if the interest is compounded once
every 3 months?

10. Puan Nathania deposited RM500 into her savings account that gives an
interest rate of 4% per annum and compounded quarterly. How much is
Puan Nathania’s savings at the end of the fifth year?
11. Mr Chong deposited RM1 000 into her savings account that gives an
interest rate of 5% per annum and compounded once every half year. How
much is Mr Chong’s savings at the end of the third year?

12. Puan Aminah deposited RM100 into her savings account that gives an
interest rate of 3% per annum and compounded monthly. How much is
Puan Aminah’s savings at the end of the second year?

HIBAH CALCULATION

1. Encik Osman saved RM25 000 in a savings account in an Islamic bank,

according to the principle of wadiah for 1 year. By the end of the year, he
receives a sum of RM25 500 as a return from the savings. An additional
RM500 is a hibah from the bank. Calculate the percentage of hibah
obtained by Encik Osman.

2. Adila saved RM21 000 in a savings account in an Islamic bank, according

to the principle of wadiah for 1 year. By the end of the year, she receives
RM21 600 as a return from the savings. An additional RM600 is a hibah
from the bank. Calculate the percentage of hibah obtained by Adila.

3. Amir saved RM34 000 in a savings account in an Islamic bank, according

to the principle of wadiah for 1 year. By the end of the year, he receives
RM34 714 as a return from the savings. An additional RM714 is a hibah
from the bank. Calculate the percentage of hibah obtained by Amir.

4. Encik Bakar saved RM20 000 in a savings account in an Islamic bank,

according to the principle of wadiah for 1 year. An additional of RM700
is given as a hibah from the bank after a year. Calculate the percentage
of hibah obtained by Encik Bakar.

5. Encik Mokhtar deposited RM30 000 in a savings account in an Islamic

bank, according to the principle of wadiah for 1 year. An additional of
RM2400 is given as a hibah from the bank after a year. Calculate the
percentage of hibah obtained by Encik Mokhtar.

6. Encik Rahmat saved RM15 000 in a savings account in an Islamic bank,

according to the principle of wadiah for 1 year. An additional of RM 1 125
is given as a hibah from the bank after a year. Calculate the percentage
of hibah obtained by Encik Rahmat.
RETURN OF INVESTMENTS

UNIT TRUSTS

1. On 1 January 2018, Rahim invested in 4 000 units of Amanah Saham

Bumiputera (ASB) shares valued at RM1 per unit. For the financial year
ending 31 December 2018, ASB paid a dividend of 8%. How much is the
dividend received by Rahim for that year?

2. Mr Lee invested 5 000 units of shares valued at RM1.00 per unit in

Syarikat Gemilang on March 2021. The company announced a dividend
distribution of 5% on July 2021. On August 2021, Mr Lee sold all his
shares for RM2.00 per unit. Calculate the return on investment for Mr
Lee.

3. On January 2019, Ranjit invested 6 000 units of shares valued at

RM1.20 per unit in YTT Company. The company paid a dividend of 6% four
times a year. One year later, he sold all of his shares for RM1.80 per unit.
Calculate the return on investment for Ranjit.

4. On 1 January 2018, Puan Siti invested 3 000 units of ASB shares

valued at RM1 per unit. For the financial year ending 31 December 2018,
ASB paid a dividend of 5%.On 1 January 2019, Puan Siti sold all her
shares for RM2.20 per unit. Calculate the ROI for Puan Siti.

5. Puan Zaiton invested 1000 units of shares of Syarikat Pelita Berhad

valued at RM2.00 per unit. At the end of year, the company announced a
dividend distribution for 20 cent per unit to all the shareholders. One
year later, Puan Zaiton sold all her shares when the price hike up until
RM2.20 per unit. Calculate the ROI for Puan Zaiton.

6. On 1 January 2019, Irfan invested 4 000 units of ASB shared at

RM1.50 per unit. For the financial year ending 31 December 2019, ASB
paid a dividend of 6.5%. On 1 January 2020, Irfan sold all his shares for
RM2.00 per unit. How much is the ROI for Irfan?

7. On 1 January 2018, Zaki invested 7 500 units of ASB shared at RM1.28

per unit. For the financial year ending 31 December 2018, ASB paid a
dividend of 4.75%. On 1 January 2019, Zaki sold all his shares for RM1.43
per unit. How much is the ROI for Zaki?
8. On 1 February 2011, Mr Ravi invested 5 000 units of ASB shared at
RM1.50 per unit. For the financial year ending 28 February 2012, ASB
paid a dividend of 8%. On 1 April 2012, Mr Ravi sold all his shares for
RM1.70 per unit. How much is the ROI for Mr Ravi?

9. Mr Ramu paid RM8 000 to buy shares from company P. He receives a

dividend of RM200 during owning the shares. He sold all his shares and
received RM8 800. How much is the ROI for Mr Ramu?

10. On 1 January 2013, Chong invested 2 000 units of ASB shared at

RM1.10 per unit. For the financial year ending 31 December 2013, ASB
paid a dividend of 5%. On 1 January 2014, Chong sold all his shares for
RM1.53 per unit. How much is the ROI for Chong?

11. Mr Tan owned a pharmacy in which at the beginning of the year he paid
RM5000 to buy glove stocks. After a year, he received RM5 800 after
sold all his stock. How much is the ROI for Mr Tan?

REAL ESTATE

1. On 1 January 2019, Mr Moses bought a homestay at a price of

RM250000. The daily rental rate is RM100. On average, the homestay will
be occupied for 20 days in a month.

a) Calculate the monthly rentals

b) Calculate the return if the homestay is sold for RM480 000 at the end
of the year.

2. On December 2019, Mr Sami bought a factory for a price of RM1.3

million and rented the factory RM30 000 per month. He paid 20% of the
factory purchased price of RM260 000. A real estate agent found a
tenant and rented on the same month for 1 year. The amount Mr Sami has
amortised to the bank was RM600 000 and still owed the bank RM800
000. Mr Sami later sold his factory to the tenant at RM5 million once the
rental period ended. Mr Sami paid the agent of RM20 000, stamp duty
and legal cost of RM52 000 respectively. Calculate the return investment
obtained by Mr Sami.
3. Mr. Farid bought an acre of land at a price of RM 250,000 and spent
RM 30 000 on cleaning work. He received RM 1 300 every month for 5
years. He sold the land at a price of RM 425 000 after 5 years.What is
the return on investment?

4. Mr. Lee bought a house at a price of RM 500 000 and made a

renovation costing RM 150 000. He sold the house at a price of RM 980
000 after two years. What is the return of investment received by Mr
Lee?

5. Alif bought a shop lot for RM 780 000 on 1 January 2015. He has paid
12% of the purchase value of the shop lot.The shop lot is rented from 1
January 2015. On 31 December 2020, he sold the shop lot for RM 1 350
000.The total loan that he still owed to the bank is RM 620,000.While
the amount of monthly installments that have been paid to the bank
is RM 574 000. The total rent earned during the holding of the lot
shop is RM 216 000. Calculate the value of ROI obtained by Alif.

6. Kevin bought a shop lot for RM 800 000 on 1 January 2018. He has paid
15% of the purchase value of the shop lot.The shop lot is rented from 1
January 2018. On 31 December 2025, he sold the shop lot for RM 1 750
000.The loan amount that he still owed to the bank is RM 590 000. While
the amount of monthly installments that have been paid to the bank is RM
642 000. The total rent earned during the holding of the lot shop is RM
288 000. Calculate the value of ROI obtained by Kevin.

7. Mr John bought a shop lot in January 2015 in Banting for RM 300 000.
He paid 10% of the purchase price. He expected 30% return in 20 years.
After 20 years, he sold the lot at a price of RM 600 000. During that
time period, the total loan paid to the bank is RM 475 000 and hereceived
RM 60 000 as a rental income. Other expenses as follows:

Stamp duty RM 4000

Agent’s commision RM 2000
Legal cost RM 4000

a) What is the return on investment in 20 years?

b) Is Mr. John received a return of 30%?
8. Mr Hussein bought a house on 1 January 2015 in Cheras with a price of
RM 300 000 and paid 10% deposit which is RM 30 000. He expects a
return of 30% within 20 years. Mr. Hussein sold the house at a price of
RM 600 000 after have owned the house for 20 years. The amount of the
loan has been repaid to the bank are RM 475 000. During that period, he
managed to obtain a rent of RM 60 000.The other expenses involved are
as follows:

Stamp duty RM 4000

Agent’s commision RM 2000
Legal cost RM 4000

What is the return on Mr. Hussein's investment over 20 years? Did he

achieve his desire to get a return by 30%?

9. Encik Yusuf bought a shop lot for RM 600 000 on 1 January 2017 in
Bangi. He has paid 10% of the purchase price twhich is RM 60 000. The
shop lot was leased through 1 January 2017. On 31 December 2026, he
sold the shop lot at a price of RM 1 300 000. Total loan amount that he
owed the bank RM 486 000. Meanwhile, the amount of monthly
installments that have been paid to the bank amounting RM 450 000.
Other charges involved in buying and selling are as follows :

Stamp duty RM 15 000

Agent’s commision RM 15 000
Legal cost RM 18 000

The total rent earned during the holding of the shop lot is
RM 200 000. Calculate the value of the investment return obtained by
Mr. Yusuf.
 COST AVERAGING STRATEGY

1. Below are two investors who invested using different strategies

Investor 1
Mr Derick invested a lump sum of RM24 000 to purchase Wawasan
shares at RM2.00 per share unit

Investor 2
Encik Sulaiman has RM24 000 and invested consistently on a periodic
basis RM2 000 each month to purchase Wawasan shares

Month Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
Share
price 2.00 1.80 1.70 1.60 2.10 1.50 2.20 2.00 2.00 1.60 1.70 1.80
per unit
(RM)

The table above shows the share price bought by Encik Sulaiman on a
monthly basis.

a) Who is a wise investor? Justify your answer.

b) Calculate the average cost per share unit and the number of shares
owned by Encik Sulaiman.
c) State the advantages of using cost averaging strategy in purchasing
shares.

2. The following table shows the type of investment strategy of shares

made by Anna and Jane. Calculate the cost per unit of their share and
explain your answer.

Anna Jane
- Used lump sum buying method - Used ringgit cost averaging strategy
- Bought 15 000 units at a price - Bought three times of shares in a year
of RM1.00 per unit - February : 5 000 unit at a price of RM1.00 per
- Total investment is RM15 000 unit
June : 10 000 unit at a price of RM0.50 per unit
- Sept : 2 500 unit at a price of RM2.00 per unit
3. Lina and Andrew invested in shares using different strategies, which
are :

Lina
Lina invested a lump sum of RM50 000 to buy Syarikat Bunga Raya shares
at RM2.00 per unit.

Andrew
Andrew invested RM50 000 consistently each month to buy Syarikat
Sunflower shares. The table below shows the share price bought by
Andrew on a monthly basis.

Month Jan Feb March Apr May

Share
price per 1.20 1.60 2.00 1.00 1.50
unit (RM)

a) Calculate the average cost per share and the number of shares owned
by Lina and Andrew
b) Whose method is better? Explain your answer.

4. Mr. Calvin invested RM 30 000 by buying all the shares at once at a

price of RM 2.00 per unit. Mr. Zahin invested RM 30 000 and consistently
buying shares according to certain months. Who is the smart investors?
Why?

Month Jan Feb March Apr May

Share
price per 2.00 1.50 1.80 2.50 1.70
unit (RM)

5. Puan Nadia invested a lump sum of RM54 000 to buy shares at RM3.00
per unit. Puan Olivia invested RM54 000 consistently each month to buy
her shares. Who is the smart investors? Why?

Month Jan Mar May Aug Dec

Share
price per 2.00 1.80 1.60 2.10 2.00
unit (RM)
 6. Mrs Wong has RM20 000 and would like to invest consistently based on
periodic basis. Meanwhile Mrs Linda would like to invest lump sum of
RM20 000 to buy shares at Syarikat Pelita for RM2.00 per unit

Below are the price of the unit that have been bought by Mrs Wong :

Month Jan Mar May Aug Dec

Share
price per 2.00 1.80 1.60 2.10 2.00
unit (RM)

a) Calculate the average cost per share and the number of shares owned
by Mrs Wong and Mrs Linda.
b) Whose method is better? Explain your answer.

7. Mr. Derick invested RM 24 000 by buying all the shares at once at a

price of RM 2.00 per unit. Mr. Sulaiman invested RM 30 000 and
consistently buying shares according to certain months. He invest
RM2000 per months to buy the share from January to December.

Month Jan Feb Mar Apr May June July Aug Sep Oct Nov Dec
Share
price 2.00 1.80 1.70 1.60 2.10 1.50 2.20 2.00 2.00 1.60 1.70 1.80
per unit
(RM)

Table above shows the price per unit of share that have been bought by
Mr Sulaiman according to periodic basis.

a) Who is the smart investor? Justify your answer.

b) Calculate the average cost per share and the number of shares owned
by Mr Sulaiman.
 8. Mr Lim invested RM16 000 by buying the shares from Syarikat Lion. He
invested RM4 000 per month to buy the shares according to periodic
basis.

Month Jan Feb Mar April

Share price per 2.00 1.80 1.60 2.10
unit (RM)

Calculate the average cost per share and the number of shares owned by
Mr Lim.

9. Mr Samu invested RM4 000 each month by buying the shares from
Syarikat Oppo.

Month Apr May Jun July Aug

Share
price per 2.50 2.00 1.80 2.20 2.30
unit (RM)

Calculate the average cost per share and the number of shares owned by
Mr Samu.

10. Mr Muthu owns RM6 000 and he invest RM2 000 consistently to buy
shares from Syarikat Oppo. How much is the average cost per share?

Month Feb Mar April

Share price per 1.80 1.70 1.60
unit (RM)

11. Mr Paul invests RM1 000 every month to buy shares from Syarikat M
according to the share price per unit as below :

Month Jan Mar May

Share price per 2.00 1.60 2.10
unit (RM)

How much is the average cost per share?

12. Table below shows the number of shares that has been bought by Mr
Rosli for three months.

Month January February March

Units 2 000 4 000 3 000
Share price per 1.25 1.20 1.22
unit (RM)

How much is the average cost per share?

13. Mr Manan invests RM4 000 on particular month to buy shares from
company K. Table below shows the share price per unit.

Month Jun September December

Share price per 1.50 1.80 1.70
unit (RM)

How much is the average cost per share?

CREDIT AND DEBT MANAGEMENT

1. Suresh has a total of RM3 000 outstanding balance from his credit
card statement. What is the amount paid if Suresh

a) Makes minimum payment within the expiry date of the interest free
period?
b) Makes payment 1 month after the expiry date of the interest free
period ? (interest rate : 17% per annum)

2. Mr Alvin has a total of RM6 400 outstanding balance from his credit
card statement on March 2019.

a) How much is the minimum payment need to be paid by Mr Alvin?

b) Mr Alvin makes minimum payment for March and the statement date
are 20 days from the expiry date of the interest free period. If the
interest rate is 18% per annum, how much is the balance in credit card
statement on April 2019?
c) If there is no payment made on March, how much is the balance in the
credit card statement on April?
3. Puan Aisyah has a total of RM5 800 outstanding balance from her
credit card statement on Jun 2019.

a) How much is the minimum payment need to be paid by Puan Aisyah?

b) Puan Aisyah makes minimum payment for June and the statement date
are 15 days from the expiry date of the interest free period. If the
interest rate is 16% per annum, how much is the balance in credit card
statement on July 2019?
c) If there is no payment made on June, how much is the balance in the
credit card statement on July?

4. Encik Ahmad received a credit card statement on January 2019 from

Bank Sentosa. The statement shows Encik Ahmad has a total of RM5 200
outstanding balance. Assume Encik Ahmad did not use the credit card on
February.

a) How much is the minimum payment need to be paid by Encik Ahmad?

b) Encik Ahmad makes minimum payment for January and the statement
date are 15 days from the expiry date of the interest free period. If the
interest rate is 16% per annum, how much is the balance in credit card
statement on February?
d) If there is no payment made on January, how much is the balance in
the credit card statement on February?

5. Mr Leong took out a personal loan of RM 2 000 using a credit card.

He has paid a minimum payment of RM 100 upon receipt of credit card
statement. The interest charged on the outstanding amount is 1.5%
and the late payment charge is 1 %. What is the outstanding amount in
the next month?

6. Miss Sheela bought a mobile phone worth RM 3 500 using the card
credit. She failed to make the payment. The annual interest is 15% per
annum and late payment charge of 1% is charged on the outstanding
amount. How much is the outstanding amount in the next month?

7. Mr. Mansor bought an air conditioner for RM 4 000 using a credit card
where he pays an advance of RM 1 500. The annual interest is 15% per
annum and 1% late payment charge is charged on the outstanding
amount.What is the outstanding amount in the next month if he
fail to make payments within the interest free period.
USE OF CREDIT CARDS

1. Elisha bought a table through an overseas online store using her credit
card. The table cost 200 USD. An additional 50 USD was charged for
shipping fee and 1% on each overseas transaction. Calculate the amount
paid by Elisha. (1 USD = RM4.20)

2. Deborah wants to use her credit card to buy some clothes online. She
found two stores selling the same products with different offers.

Store A Store B
- Malaysia store - Overseas store
- 0% instalment - 0% instalment
- RM8 for delivery fee (Free - 30 AUD for shipping fee (Free
delivery for purchase above shipping for purchase above 50AUD)
RM100) - Additional charge of 1% on each
transaction
(1AUD = RM3)

If the price of the product is RM200, what is the difference of the total
amount to be paid? Which store should Deborah choose?

3. The price of one handbag in Singapore is SGD 275. Delivery fee for
SGD 45 (latihan modul soalan 1)