Life topics assessment

10 questions · Covers lessons 34 to 47 · Updated 1 November 2026

Ten questions drawn from lessons 34 to 47. There is no time limit and no record is kept beyond this page.

Question 1 of 10

To remove VAT at 12.5 per cent from a VAT-inclusive price, you divide by:

Question 2 of 10

Why does starting retirement saving ten years earlier matter so much?

Question 3 of 10

What does acting as guarantor on someone's loan mean?

Question 4 of 10

Why can no article state what GATE covers in a given year?

Question 5 of 10

What makes Carnival unusual among large household expenses?

Question 6 of 10

Which school cost is most often left out of the total?

Question 7 of 10

Why can insurance arranged as a storm approaches fail to respond to it?

Question 8 of 10

On an unmetered water account, the charge is based on:

Question 9 of 10

What most often causes a health insurance claim to be declined?

Question 10 of 10

What is the fairest way to compare two money transfer services?

Not financial advice. These questions test understanding of the lessons and are general education only. See our editorial policy and disclaimer.