Dividing Fractions
1/2 ÷ 3
1/6
5 x 1/5
5/5 = 1
2 3/4
11/4
Add the fractions: 2/5 +4/5
6/5 = 1 1/5
Subtract the fractions: 3/10 - 2/10
1/10
Turn to a mixed number
7/2
3 1/2
What is income?
The money you earn.
5 ÷ 1/6 =
6 x 3/5
18/5 = 3 3/5
4 3/5
23/5
Add the fractions: 1/4 + 3/5
17/20
Subtract the fractions: 4/7 - 1/2
1/14
Turn to a mixed number
13/4
3 1/4
What is available balance?
The money left after considering income and expenses.
1/8 ÷ 4 =
1/32
2 x 2/3
4/3 = 1 1/3
3 2/5
17/5
Add the fractions: 2/3 + 5/7
29/21 = 1 8/21
Subtract the fractions: 2/5 - 1/10
15/50 = 3/10
Turn to a mixed number
27/5
5 2/5
What is the difference between gross income and net income?
Gross income is the money before deductions and net income is the money after deductions.
5 ÷ 1/10
50
6 x 4/3
24/3 = 8
11 2/3
35/3
Add the mixed numbers: 2 1/3 + 4 1/2
6 5/6
Subtract the fractions: 5/6 - 7/9
3/54
Turn to a mixed number
53/10
5 3/10
What is payroll tax and what is it used for?
A fraction of your gross income is used for programs for people who are retired.
1/4 ÷ 9 =
1/36
5 x 3/5
15/5 = 3
12 4/5
64/5
Add the mixed numbers: 8 1/5 + 1 7/9
9 44/45
Subtract the fractions: 5 1/6 - 3 2/3
1 9/18 = 1 1/2
Turn to a mixed number
66/7
9 3/7
What is a difference between property tax and sales tax?
Property tax is once a year, and sales tax is on all the things we buy every day. Answers may vary.