Wages
Lyla earns $9.50 per hour. Calculate her wage for a week where she worked 16 hours.
$152.00
Calum earns $11 an hour for the first 8 hours.
What is his overtime rate at time and a half?
$16.50
Chris borrowed $350 at 10% p.a. for 2 years.
Calculate the simple interest.
$70
Charles earns 25% of all sales he makes.
What does he earn if he sells goods worth $3500.
$875
What is meant by "Tax Free Threshold"
This is the amount that can be earnt before tax is payable.
Theo earns $25 per hour. Calculate his fortnightly pay if he works 23 hours per week.
$1150
What is the holiday loading for 4 weeks if Alisha earns $1000 per week?
$700
(1000 x 0.0175 x 4)
$360
David is paid $140.00 to delivery 1400 papers. How much is he paid per newspaper?
$0.10
John has a yearly taxable income of $15,000.
What is his tax payable?
*NOTE this is Australian
NIL
Mila gets paid $360 p/week for a 15 hour week. What is her hourly rate?
$24
Daniel earns $15 per hour for the first 8 hours, then Time and a half after that. What is his pay for a 10 hour day?
$165
How much money needs to be invested at 8% p.a. to make $800 simple interest to make $800 simple interest over 2 years.
$5000
Anne is paid a weekly retainer of $200 plus 10% commission on sales. How much did she earn last week if her total sales were $3500.
$550
Jenny earns $42,300 a year. She has allowable deductions of $700. What is her taxable income?
$41,600
Which of the following workers earns the most.
a) Dexter who earn $53,000 per annum
b) Felix who earns $4,500 per month
c) Mia who earns $2100 per fortnight
d) Kate who works 38 hours at $20 per hour
c) Mia
Isabelle earns $20 an hour for the first 7 hours in her shift.
Time and a half is paid for the next 3 hours.
The rest is Double Time.
How much does she get paid for a 14 hour shift?
$390
An investment of $10,000 earned $800 interest in 1 year.
What is the simple interest rate?
8%
Charlies total income is $1100 in a week where his sales are $20000. If he earns a commission of 5% of his sales what is his retainer?
$100
George earns $18,300. How much Tax does he have to pay.
Income Tax Payable
$0-$18,200 NIL
$18,201-$37,000 19c for each $1 over $18,200
$37,001-$90,000 $3572 plus 32.5c for each $1 over $37,000
$19
Isabelle is paid a bonus of $210 which is 25% of her normal wage. Find her normal weekly wage.
$840
Steve works at night and gets a shift loading of 20%. The base rate is $20. What does he get paid an hour for working at nights?
$24 p/hour
Find the balance after 2 years if $5000 is invested at 5% p.a. compound interest.
a) $5512.50
b) $5550.00
c) $6000.00
d) $7500.00
a) $5512.50
Liam the electrician charges $20 per powerpoint, $15 per light fitting and $10 per switch. Calculate his fee for wiring a house with 24 powerpoints, 20 light fittings and 15 switches.
20x24 = $480
15x20 = $300
10x15 = $150
Total = $930
Mary's taxable income is $37,460. Her tax payable for the year is $3722.
What is her fortnightly income after tax?
a) $33738
b) $1441
c) $1298
d) $650
c) $1298