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HomeCIE IGCSE MathematicsNumber: Time, money and financial mathematics
CIE · IGCSE · Mathematics

Number: Time, money and financial mathematics
Practice Questions

20 CIE IGCSE Mathematics questions on Number: Time, money and financial mathematics, each with instant feedback and a full examiner-style mark scheme.

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Try 2 sample questions on Number: Time, money and financial mathematics

Question 1 · 1 mark · Difficulty 1/3

A bank offers an account with simple interest at a rate of 4% per year. Maria deposits $2500 into this account. How much interest will she earn after 3 years?

  1. $100
  2. $300
  3. $312.16
  4. $2800
Show answer & explanation
✓ Answer: B$300
Award 1 mark for correct use of simple interest formula I = PRT/100 = 2500 × 4 × 3/100 = $300. A is incorrect — this calculates interest for 1 year only. C is incorrect — this uses compound interest formula. D is incorrect — this gives the total amount, not the interest earned.
Question 2 · 1 mark · Difficulty 2/3

The exchange rate between euros (€) and Japanese yen (¥) is €1 = ¥158. Yuki changes ¥50 000 into euros. How many euros does she receive?

  1. €316.46
  2. €7 900 000
  3. €31.65
  4. €3164.56
Show answer & explanation
✓ Answer: A€316.46
46. Award 1 mark for correct division: 50000 ÷ 158 = €316.46 (to 2 decimal places). B is incorrect — this multiplies instead of divides. C is incorrect — this divides by 1580. D is incorrect — this uses incorrect decimal placement.
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CIE IGCSE Mathematics: Number: Time, money and financial mathematics FAQ

How many CIE IGCSE Mathematics questions on Number: Time, money and financial mathematics are there on Kramizo?
Kramizo currently has 20 exam-board-aligned practice questions on Number: Time, money and financial mathematics for CIE IGCSE Mathematics, with new questions added every week. Each question gives you instant feedback and a full examiner-style mark scheme that tells you exactly what would earn marks on a real CIE paper. The questions span the full difficulty range — from straightforward recall (level 1) right up to multi-step reasoning and evaluation (level 3) — so the bank works for first-pass revision and final exam-week stress testing alike.
Is Kramizo free for CIE IGCSE students preparing for Mathematics?
Yes — completely free. Every student gets 45 questions a day on the free plan, with no card required and no trial countdown. That free quota works across every subject and every topic in our bank, so you can mix Number: Time, money and financial mathematics practice with other Mathematics topics or even switch to a totally different CIE subject without paying anything. Kramizo's optional Pro plan removes the daily cap and adds detailed progress analytics, but the free tier is the real product — used by thousands of GCSE, IGCSE and CSEC students.
Are the Number: Time, money and financial mathematics questions aligned to the official CIE IGCSE Mathematics syllabus?
Every question is written against the published CIE IGCSE Mathematics specification, including the exact command words (state, describe, explain, calculate, evaluate, etc.), mark allocations, and difficulty tier you'd see on a real CIE paper. Explanations are written in the style of official examiner mark schemes — they tell you what is being awarded marks and why distractors are wrong, not just whether you got it right. The bank is continually refined to match the latest syllabus updates from CIE.
How is Number: Time, money and financial mathematics typically tested on CIE IGCSE Mathematics papers?
Number: Time, money and financial mathematics appears across multiple question types on real CIE IGCSE Mathematics papers — most commonly as multiple-choice questions in the objective section, structured short-answer questions in the main paper, and occasionally as part of an extended response. Kramizo's practice bank reflects that mix: 4-option MCQs, true/false statements, fill-in-the-blank key terms, multi-select questions, and ordering questions. Working through the bank gives you exposure to every question style examiners actually use.

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