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Rates, SM-Bank 092 MC

Jenny needs to reduce her discretionary spending which is shown in the table below.
  

Spend Amount How Often
Gym membership $50 Monthly
Air travel $120 Quarterly
KFC lunch $14 2 days per week
Football tickets for 26 rounds $25 Weekly

  

Which action will save her the most?

  1. Cancel gym membership.
  2. Stop air travel.
  3. Reduce KFC to once per week.
  4. Stop going to football games.
Show Answers Only

\(D\)

Show Worked Solution

\(\text{Calculate the yearly saving of each action}\)

\(\text{Gym membership}=$50\times 12 =$600\)

\(\text{Air travel}=$120\times 4=$480\)

\(\text{KFC lunch}=\bigg(\dfrac{14\times 52}{2}\bigg)=$364\)

\(\text{Football tickets}=26\times 25=$650\)

\(\text{Penrith Panthers tickets costs the most each year}\)
\(\text{so she should stop going to Penrith games.}\)

\(\Rightarrow D\)

Filed Under: Rates Tagged With: num-title-ct-core, smc-4609-35-Best buys, smc-4609-50-Word problems rates

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