Wages
Jeremy is paid $20 per hour. How much will he earn if he works a 38 hour week?
Income = Hourly pay x Number of Hours Worked
= $20/ hour x 38 hours
=$760
How many fortnights are in a year?
26
Carlos is a craftsman who earns $200 for each piece of furniture he makes. How much will he earn if he makes 10 pieces of furniture in a month?
Income = Number of items made x Pay per item
= 10 x $200
= $2000
Amy earns $9 000 in 4 weeks.
For her 4 weeks annual leave, Amy is paid a loading of 17.5%. Calculate the amount that she receives in holiday loading.
Holiday loading = 17.5/100 x 4 weeks income
= 17.5/100 x $9 000
= $1 575
Charlie is paid $35 per hour. How much will she earn in a week if she works five 8 hour shifts?
= $35/hour x 8 hours x 5
= $1 400
Sanjit earns $65 000 per year. How much does he earn in a month?
Monthly salary = Yearly Salary/12
= 65 000/12
= $5 416. 67
Sara sells cars. She is paid a 5% commission on all sales, plus a weekly retainer of $200.
How much will she earn in a week where she sells a car for $60 000?
Commission = 5/100 x $60 000
= $3 000
Income = Commission + Retainer
= $3000 + $200
= $3 200
Jelena works as a hairdresser and is paid a normal rate of $19.70 per hour for a 38-hour working week.
For her 4 weeks annual leave, Jelena is paid a loading of 17.5%. Calculate the amount that Jelena receives in holiday loading.
Pay for 4 weeks = 38 hours x $19.70/hours x 4
= $2 994.40
Leave-loading = $2 994.40 x 17.5/100
= $524.02
Analise earns $16/hour. During the week, she works for 38 hours at normal pay, and 4 hours at time-and-a-half.
Calculate her pay for the week.
= $608
Income at time-and-a-half = $16/hr x 4 hours x 1.5
= $96
Total income = $608 + $96
= $704
Yasmine earns $2000 per week. What is her annual salary?
Annual salary = Weekly pay x 52
= $2000 x 52
= $104 000
Chloe is a musician. She is paid 2% royalties on all record sales.
How many records did she sell in a month if she earns $200?
Sales = Income/Royalty Rate
= $200 / 2%
= $10 000
Charlie earns $22.80 per hour for a 38-hour week.
Calculate his total pay for 4 weeks annual leave. Assume that he receives a holiday loading of 17.5%.
4 weeks pay = $22.80/hr x 38 hours x 4
= $3 465.60
Leave-loading = $3 465.60 x 17.5/100
= $606.48
Total pay = $3 465.60 + $606.48
= $4 072.08
= 1 099/20
=54.95
So he will have to work 55 hours.
Chloe earns $7000 per month. What is her weekly income?
Annual income = $7000 x 12
= $84 000
Weekly income = $84 000/52
= $1 615.38
Anna and Ben are freelance writers who work on separate projects. Anna earns $120 for writing one article, while Ben earns $150 for writing one article.
If Anna and Ben work together and write 5 articles in a day, with Anna writing 3 articles and Ben writing 2 articles, what is their total combined income for that day?
Anna's income = $120 x 3
= $360
Ben's income = $150 x 2
= $300
Total income = $360 + $300
= $660
Karen receives an annual salary of $63 000.
What is she paid for her annual 4-week holiday, for which she receives an extra 17.5% loading?
Pay for 4 weeks = $63 000/13
= $4 846.15
Leave loading = $4 846.15 x 17.5/100
= $848
Total pay = $5 694.23
Jenny works the following hours:
- 38 hours at normal rate
- 6 hours at time and a half
- 3 hours at double time
She earns $1 287.50. What is her hourly rate?
$25/hour
Sasha earns $90 000 per annum. Calculate her hourly rate of pay. Assume that she works 35 hours each week.
Weekly pay = $90 000/52
= $1 730.77
Hourly pay = $1 730.77/35
=$49 per hour
Jarred is paid $12 for each box of fruit that he picks. If it takes him 4 hours to pick 10 boxes, calculate his hourly rate of pay.
He earns $120 for picking 10 boxes.
If it took 4 hours to pick 10 boxes, then the hourly rate is:
$120/4 = $30/hour
When Jack goes on holidays, he is paid 17.5% holiday loading in addition to his normal pay.
When he went on 2 weeks’ leave, his holiday pay was $1504. What is his normal weekly pay?