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Senior High School · WASSCE style

Social Studies

Question 1

1If GH¢1,000 is saved at 10% compound interest per year, it becomes after 2 years

Hard
Question 2

2Mobile money services in Ghana are regulated by the

Easy
Question 3

3Find the simple interest on GH¢2,000 saved for 3 years at 10% per year.

Easy
Question 4

4A pyramid scheme promising very high returns quickly is likely to be

Easy
Question 5

5A general rise in the prices of goods and services over time is called

Easy
Question 6

6A loan taken to buy something that loses value quickly is usually

Easy
Question 7

7Mobile money allows people to

Easy
Question 8

8Interest earned on savings is

Easy
Question 9

9A bank account mainly used for saving that earns interest is a

Easy
Question 10

10Ama earns GH¢1,500 a month and spends GH¢1,200. What percentage does she save?

Easy

Demo questions written by Otisam in the style of the WASSCE. They are not WAEC past questions.