Grades 7–8 Free Printable PDF • Sectioned Answer Keys

Money Math, Percentages & Personal Finance Practice Pack (Grades 7–8)

For 7th and 8th grade math teachers and families practicing the proportional arithmetic behind everyday consumer decisions: discounts and markdown prices, sales tax, tip calculations, simple interest savings, and multi-step earnings stories.

Designed to practice:
7.RP.A.3 7.EE.B.3 8.EE.C.7 8.SP.A
Free for classroom instruction, tutoring, and homeschool study • Terms of Use (Educational License)

About This Weekly Practice Pack

Target Audience & Setting

Designed for middle school students in Grades 7 and 8 who are applying percentages, rates, and multi-step proportional reasoning to practical consumer math and everyday money contexts.

Key Mathematical Stamina

Practices the arithmetic and algebra behind everyday personal finance: converting percentages to decimals, calculating discount markdowns and sales tax/tip markups, applying the simple interest formula I = Prt for savings growth, and solving multi-step word problems connecting hourly wage earnings to weekly budgets.

Grades 7–8 4 Curated Sections • 42 Total Problems

One seed governs the entire pack. Print one unified document with sectioned answer keys.

Free for classroom instruction, tutoring, and homeschool study • Terms of Use (Educational License) • Answer keys are version-locked to each pack seed code, guaranteeing an exact match with your printed sheets.

Tip: in the print dialog, choose 'Save as PDF' to keep a copy.

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Answer keys verified by automated tests — how we check →
Worksheet Mill Pack Code: 0028T5

Money Math, Percentages & Personal Finance Practice Pack (Grades 7–8)

Section 1 of 4: Markdown Discounts: Percent Reductions & Final Sale Prices
Name: ________________________________ Date: ____________________ Score: _________

Convert the discount percentage to a decimal, multiply by the list price to find the discount amount, and subtract from the list price to find the sale price. Include dollar signs ($).

1.

List Price: $160.00 • Discount: 50%

Discount:
      
Sale Price:
      
2.

List Price: $35.00 • Discount: 60%

Discount:
      
Sale Price:
      
3.

List Price: $120.00 • Discount: 60%

Discount:
      
Sale Price:
      
4.

List Price: $30.00 • Discount: 30%

Discount:
      
Sale Price:
      
5.

List Price: $30.00 • Discount: 15%

Discount:
      
Sale Price:
      
6.

List Price: $20.00 • Discount: 20%

Discount:
      
Sale Price:
      
7.

List Price: $50.00 • Discount: 60%

Discount:
      
Sale Price:
      
8.

List Price: $120.00 • Discount: 10%

Discount:
      
Sale Price:
      
9.

List Price: $40.00 • Discount: 20%

Discount:
      
Sale Price:
      
10.

List Price: $65.00 • Discount: 40%

Discount:
      
Sale Price:
      
11.

List Price: $15.00 • Discount: 25%

Discount:
      
Sale Price:
      
12.

List Price: $70.00 • Discount: 60%

Discount:
      
Sale Price:
      
Page 1 of 4 Free for classroom, tutoring & home use • Worksheet Mill Code: 0028T5
Markdown Discounts: Percent Reductions & Final Sale Prices • Percentages, Discounts & Simple Interest • Preset: Standard • 12 problems • Pack Code: 0028T5
Worksheet Mill Pack Code: 0028T5

Money Math, Percentages & Personal Finance Practice Pack (Grades 7–8)

Section 2 of 4: Sales Tax & Restaurant Tips: Percentage Markups & Total Bills
Name: ________________________________ Date: ____________________ Score: _________

Convert the tax or tip rate to a decimal, compute the additional amount, and add it to the subtotal or bill. Include dollar signs ($).

1.

Subtotal: $45.00 • Sales Tax: 6%

Sales Tax:
      
Total:
      
2.

Restaurant Bill: $80.00 • Tip: 25%

Tip:
      
Total:
      
3.

Restaurant Bill: $48.00 • Tip: 25%

Tip:
      
Total:
      
4.

Subtotal: $20.00 • Sales Tax: 6%

Sales Tax:
      
Total:
      
5.

Restaurant Bill: $12.00 • Tip: 25%

Tip:
      
Total:
      
6.

Subtotal: $35.00 • Sales Tax: 7%

Sales Tax:
      
Total:
      
7.

Subtotal: $22.00 • Sales Tax: 7.5%

Sales Tax:
      
Total:
      
8.

Restaurant Bill: $75.00 • Tip: 18%

Tip:
      
Total:
      
9.

Subtotal: $60.00 • Sales Tax: 6%

Sales Tax:
      
Total:
      
10.

Restaurant Bill: $25.00 • Tip: 20%

Tip:
      
Total:
      
11.

Subtotal: $90.00 • Sales Tax: 8.5%

Sales Tax:
      
Total:
      
12.

Restaurant Bill: $120.00 • Tip: 15%

Tip:
      
Total:
      
Page 2 of 4 Free for classroom, tutoring & home use • Worksheet Mill Code: 0028T5
Sales Tax & Restaurant Tips: Percentage Markups & Total Bills • Percentages, Discounts & Simple Interest • Preset: Standard • 12 problems • Pack Code: 0028T5
Worksheet Mill Pack Code: 0028T5

Money Math, Percentages & Personal Finance Practice Pack (Grades 7–8)

Section 3 of 4: Simple Interest & Savings: Annual Interest and Final Balances (I = Prt)
Name: ________________________________ Date: ____________________ Score: _________

Apply the simple interest formula I = Prt. Calculate the interest earned over time and add it to the principal to determine the total balance. Include dollar signs ($).

1.

Principal: $900.00 • Rate: 6% per year • Time: 3 years

Interest:
      
Balance:
      
2.

Principal: $1200.00 • Rate: 3.5% per year • Time: 5 years

Interest:
      
Balance:
      
3.

Principal: $400.00 • Rate: 5.5% per year • Time: 3 years

Interest:
      
Balance:
      
4.

Principal: $800.00 • Rate: 4% per year • Time: 1 year

Interest:
      
Balance:
      
5.

Principal: $4000.00 • Rate: 2.5% per year • Time: 5 years

Interest:
      
Balance:
      
6.

Principal: $600.00 • Rate: 3% per year • Time: 1 year

Interest:
      
Balance:
      
7.

Principal: $500.00 • Rate: 5% per year • Time: 4 years

Interest:
      
Balance:
      
8.

Principal: $250.00 • Rate: 5.5% per year • Time: 1 year

Interest:
      
Balance:
      
9.

Principal: $1800.00 • Rate: 6% per year • Time: 2 years

Interest:
      
Balance:
      
10.

Principal: $2500.00 • Rate: 5.5% per year • Time: 3 years

Interest:
      
Balance:
      
11.

Principal: $3000.00 • Rate: 10% per year • Time: 5 years

Interest:
      
Balance:
      
12.

Principal: $300.00 • Rate: 6% per year • Time: 3 years

Interest:
      
Balance:
      
Page 3 of 4 Free for classroom, tutoring & home use • Worksheet Mill Code: 0028T5
Simple Interest & Savings: Annual Interest and Final Balances (I = Prt) • Percentages, Discounts & Simple Interest • Preset: Challenge • 12 problems • Pack Code: 0028T5
Worksheet Mill Pack Code: 0028T5

Money Math, Percentages & Personal Finance Practice Pack (Grades 7–8)

Section 4 of 4: Two-Step Money Word Problems: Hourly Wages, Earnings & Budgets
Name: ________________________________ Date: ____________________ Score: _________

Read each consumer scenario carefully. Set up the two arithmetic steps, show your work, and label your final answer with the unit dollars.

1.

Addison organized a school fundraiser, selling 20 adult tickets for 12 dollars each and 33 student tickets for 7 dollars each. If the venue rental cost 97 dollars, how many dollars of profit did the fundraiser make?

Answer:
        
2.

Eleanor went grocery shopping with a 61-dollar budget. Eleanor bought 4 kilograms of organic fruit at 4 dollars per kilogram and 2 loaves of artisanal sourdough at 5 dollars per loaf. How many dollars does Eleanor have left?

Answer:
        
3.

Over the summer, Nora mowed 12 suburban lawns charging 30 dollars per lawn. Equipment maintenance and fuel costs totaled 53 dollars. How many dollars of net earnings did Nora retain?

Answer:
        
4.

Natalie purchased 6 team athletic jerseys priced at 18 dollars each. At checkout, the store manager applied a seasonal league discount of 23 dollars off the total. How many dollars did Natalie pay?

Answer:
        
5.

Lucas worked 15 hours at a community center earning 15 dollars per hour, plus a 64-dollar weekend bonus. If Lucas spent 85 dollars on new work gear, how many dollars does Lucas have remaining?

Answer:
        
6.

Benjamin organized a school fundraiser, selling 28 adult tickets for 12 dollars each and 40 student tickets for 7 dollars each. If the venue rental cost 132 dollars, how many dollars of profit did the fundraiser make?

Answer:
        
Page 4 of 4 Free for classroom, tutoring & home use • Worksheet Mill Code: 0028T5
Two-Step Money Word Problems: Hourly Wages, Earnings & Budgets • Word Problems & Math Stories • Preset: Challenge • 6 problems • Pack Code: 0028T5

Ways to Use This Pack

Morning Work

The first ten minutes while attendance is taken and students settle into the room.

Sub Plans

Clear student sheets with complete answer keys ready for any substitute to run without prep.

Homeschool Practice

Daily focused math time with zero screen distractions and clear answer keys for easy checking.

Homework

A clean, predictable practice sheet students can complete at home without adult coaching.

Weekly classroom routine: Assign one section per day during a four-day personal finance or proportional reasoning unit. Have students verify whether their answer represents just the fee/interest or the combined total before checking the answer key.

Pack Contents & Skill Breakdown

4 Sections • 42 Total Problems

Every section is generated from our verified procedural math engines with dedicated problem formatting. If you want to customize an individual section's factor ranges, digit counts, or problem volume, explore the dedicated generator tool linked below.

Section Topic & Underlying Generator Preset Level Problems Full Tool
Section 1 Markdown Discounts: Percent Reductions & Final Sale Prices

Convert the discount percentage to a decimal, multiply by the list price to find the discount amount, and subtract from the list price to find the sale price. Include dollar signs ($).

Money & Currency • Designed to practice: 7.RP.A.3 7.EE.B.3
Standard 12 Customize →
Section 2 Sales Tax & Restaurant Tips: Percentage Markups & Total Bills

Convert the tax or tip rate to a decimal, compute the additional amount, and add it to the subtotal or bill. Include dollar signs ($).

Money & Currency • Designed to practice: 7.RP.A.3 7.EE.B.3
Standard 12 Customize →
Section 3 Simple Interest & Savings: Annual Interest and Final Balances (I = Prt)

Apply the simple interest formula I = Prt. Calculate the interest earned over time and add it to the principal to determine the total balance. Include dollar signs ($).

Money & Currency • Designed to practice: 7.RP.A.3 7.EE.B.3
Challenge 12 Customize →
Section 4 Two-Step Money Word Problems: Hourly Wages, Earnings & Budgets

Read each consumer scenario carefully. Set up the two arithmetic steps, show your work, and label your final answer with the unit dollars.

Word Problems • Designed to practice: 8.EE.C.7 8.SP.A
Challenge 6 Customize →

Common Core State Standards © Copyright 2010 National Governors Association Center for Best Practices and Council of Chief State School Officers. All rights reserved.

Classroom & Home Practice Routines

Classroom Implementation

Assign one section per day during a four-day personal finance or proportional reasoning unit. Have students verify whether their answer represents just the fee/interest or the combined total before checking the answer key.

Home & Homework Strategy

Work through one section per session (about 12–15 minutes). Encourage your middle schooler to self-check answers against the provided full-page answer keys to build verification habits.

Frequently Asked Questions

What specific math skills does this Grades 7–8 money math pack practice?

This packet targets middle school proportional reasoning: calculating percentage discounts and final sale prices, determining sales tax and tips, using the simple interest formula (I = Prt) to calculate annual interest and balances, and solving two-step word problems on hourly wages and budget planning.

Does this pack give financial, stock, or investment advice?

No. This packet focuses strictly on middle school arithmetic and algebra within realistic consumer math situations. It contains no investment, stock market, cryptocurrency, or commercial product advice.

Does this pack claim to fulfill state financial literacy graduation requirements?

No. We make no marketing or state compliance claims. This resource provides honest, curriculum-grounded math practice for students learning percentage operations, simple interest, and practical problem-solving.

What is the recommended prerequisite foundation before this pack?

Students should be confident with vertical decimal addition and subtraction with cents. For foundational decimal and change-making practice, start with our Money Math & Practical Decisions Practice Pack (Grades 5–6).

Are complete answer keys included?

Yes. Every section has a matching full-page answer key showing both intermediate amounts (such as discount, tax, or interest) and final totals with explicit dollar units.

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