Money maths bingo

Exercise and reference answers

Clues and terms

1. Clue

   A reduction given on the marked price

   Item

   Discount

2. Clue

   The base every discount percent is figured on

   Item

   Marked price

3. Clue

   Charged by the government and added to the bill

   Item

   Sales tax

4. Clue

   The tax already included inside the price

   Item

   VAT

5. Clue

   Introduced by the Government from July 1, 2017

   Item

   GST

6. Clue

   Interest computed on the previous year's amount

   Item

   CI

7. Clue

   Interest that never compounds

   Item

   SI

8. Clue

   The sum borrowed, like Heena's 20,000

   Item

   Principal

9. Clue

   Principal plus interest, what Heena repays

   Item

   Amount

Instructions

Read each call, tap its term on the board. Three in a line is bingo.

Explanation