Earning Money
Budgeting
Time
Timetables
Tax and Superannuation
100
Identify how much Lisa earns per hour.
$22.75
100
George has calculated that his monthly budget expenditure is $4180 per month. His annual net income is $52 830. Calculate how much money George will be able to save at the end of each month.
George can save $222.50 each month.
100
Express 6:35 in decimal time format, rounding to two decimal places
6.58 h
100
The timetable below provides information for travelling towards the Brisbane Domestic Airport. You travel from Central Station and need to check-in at the Domestic Airport at 3:50 pm.
Determine what time you will board the train to travel to domestic airport station.
3:01 pm
100
State the current minimum superannuation rate that employers must pay in Australia.
11%
200
Maureen worked for 6 hours at the local bowling alley. She was paid a total of $85.26. Determine Maureen’s hourly rate of pay.
Maureen was paid $14.21 per hour.
200
Use Samantha’s average daily electricity cost of $3.39 from Example 1 to calculate how much she should budget for electricity usage per month.
$103.11 per month
200
Express 2:53 p.m. as 24-hour time.
14:53
200
The timetable below provides information for travelling towards the Brisbane Domestic Airport. You travel from Central Station and need to check-in at the Domestic Airport at 3:50 pm.
When you arrive at the Domestic Airport, how much time do you have to get to the check-in counter?
You have 25 minutes to get to the counter.
200
Using the following tax rates, identify which taxable income bracket $87 100 lies.
$87 100 lies in the $37 001 to $90 000 bracket.
300
Convert $19.48 to the equivalent rate, given that the penalty rate of time and a half applies.
$29.22 per hour
300
Identify if mortgage repayments are fixed expenses or variable expenses.
Fixed expenses.
300
Express 11.3 h in the digital format hours : minutes : seconds, using multiplication to express the decimal part as minutes and seconds.
11:18 a.m.
300
This train timetable shows the schedule from the Train Terminal to the Botanical Gardens. Use the timetable information to answer the following.
Paul catches the 10:37 a.m. train from the Terminal. At what time would he expect to arrive at the Botanical Gardens?
11:19 a.m.
300
Omar has been working part-time and earns $1327.00 per fortnight gross. His employer has been contributing the necessary 9.5% superannuation into his super fund. Calculate the amount per fortnight that Omar’s employer is contributing into his super fund.
$126.07
400
Determine how many unpaid breaks Rachel took.
5 unpaid breaks
400
Calculate the yearly cost for car insurance of $177 per quarter.
$708
400
Express 00:59 as 12-hour digital time.
12:59 a.m.
400
Chloe is heading to the Heritage Village from the centre of Rockhampton but she does not have a car. She has found that there are three bus options for her to choose from. Analyse each of the following options by determining the travel time and, hence, decide which option Chloe should choose if she wishes to minimise her travel time.
Option 1: Bus that departs at 9:16 a.m. and arrives at 10:29 a.m.
Option 2: Bus that departs at 9:20 a.m. and arrives at 10:18 a.m.
Option 3: Bus that departs at 9:31 and arrives at 10:15 a.m.
Chloe should take the bus that departs at 9:31 a.m., as it takes the least amount of time to get there.
400
Alana’s PAYG summary is shown.
Calculate her net pay for the year.
$54 445
500
Gina is a real estate agent. She receives a retainer of $600 per week and earns 2.25% commission on the sale of each house.
One week she sold a property for $410 000. Calculate her gross income for that week.
Gina's gross income is $9825.
500
If paid by the due date, what is the total amount for this rates notice?
$772.55
500
Calculate the length of time between 8:47 a.m. to 12:08 p.m.
3 h 21 min
500
Michael works full-time at a discount store. His roster is in 24-hour time and he is working tomorrow from 11:00 to 19:45. Express Michael’s start and finishing times in 12-hour time.
11:00 a.m. to 7:45 p.m.
500
Refer to the tables to determine the amount of tax that must be withheld when an individual is paid $942.00 per week, given that the individual claims the tax-free threshold.
$162
600
Determine how many hours, in decimal form, Rebecca worked that week.
33.25 hours
600
Charlie has calculated that she spends $855 per week on living expenses. She has just accepted a new job offer that pays a net income of $1780 per fortnight.
Calculate whether this new income will be enough to cover Charlie’s expenditure.
Yes, it covers her expenses.
600
Express 5:15:30 in decimal time format, rounding to two decimal places.
5.26 h
600
On Friday 6th April, Luke and his family are heading to Stradbroke Island for a 4WD beach driving adventure, returning Monday morning.
Use the table to identify the low tide times on Friday and Monday.
6:04 a.m., 5:41 p.m. on Friday and 9:33 a.m. and 8:58 p.m. on Monday.
600
Josie works as a dog trainer, earning an annual taxable income of $34 576. Calculate the amount of Medicare levy she pays.
Josie must pay $691.52.