7. Money - StudyNinja

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7. Money

This is one of the most important topics in this course, not just because of how often it appears in exams but also the fact that most of its content contains very practical daily aspects of life. Check out the overview section for relevant importance of this section compared to other topics in this course. In 2020 exam, one question appeared from this topic making up 3 marks (2020Q20). This section covers the following parts of the syllabus:

MS-F1 Money Matters

The infographic below shows all the past exam questions from 2010 to 2020 relevant to this topic sorted by difficulty level and further broken down into sub-topics. This will form the foundation of our study as we would like you to focus first on the easy questions and quickly develop skills to get those easy marks and then challenge yourself with the harder ones.

This chapter deals with money and day to day situations involving money. Questions can involve salary, tax, commissions, medical levy, expenses, mobile plans etc. Simple questions give information in a direct way with less work required while complicated questions can make you work to extract information from tables or table-like scenarios. The most important skill to develop is to extract and apply correct information from any given scenario. Good thing is that there are many past exam questions which will give you a wide variety of ways questions can be asked.

The following are the types of questions you can expect in exam:

7.1 Exam Question Type 1

7.2 Exam Question Type 2

Study notes of this section and other resources can be accessed here:

7.3 Study Notes & Resources

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Check out all the hacks for this exam. Full playlist here