CAIE IGCSE Mathematics Core C1.16 Money Question Bank
Practise using prices, totals, change and exchange rates to solve everyday money problems with correct units and sensible rounding.
- Syllabus
- 2028–2030
- Topic
- C1.16
- Level
- Core
Practise using prices, totals, change and exchange rates to solve everyday money problems with correct units and sensible rounding.
A family go on a skiing holiday to America.

There are two adults and one child in the family.
They hire all their equipment.
The child skis for 3 days and snowboards for 4 days.
Both adults ski for 7 days.
All three of them hire a helmet for 7 days.
Work out the total cost of the equipment hire for the family.
431.9[0]
M1 for 47.6+70.2+16.7 oe or 2×128+2×20.7 oe
or B1 for 134.5, 148.7, 297.4, 58.1 or 373.8 or 283.2
The family buy their lift passes before the holiday for a total of 51400 rupees.
In America, the passes cost a total of $ 684.
The exchange rate is 1 rupee =$ 0.0129.
Show that the family save 1620 rupees, correct to the nearest 10 rupees, by buying the passes before their holiday.
0.0129684\nM1\nor 684−51400×0.0129\n\n53023-51400\nM1\nor 0.012920.94\n\n1623\nA1
Elize, Lily and Marco start a business.
Elize buys some picture frames.
The frames cost $5.80 each in New York and 4.50 euros each in Paris.
The exchange rate is 1 euro = $1.37.
Calculate the difference in the cost in euros.
Give your answer correct to 2 decimal places.
euros
0.27
B2 for 0.266...
or M2 for 4.50−1.375.80 oe or 1.375.80−4.50 oe, or M1 for 1.375.80 soi by 4.23
If 0 or 1 scored, SC1 for correct rounding to 2 d.p. from their more accurate answer