turn 55% into a decimal
0.55
Payment based on the number of units made, sold or picked.
Piecework
Caitlin makes $13.00 per hour. If she works 32 hours in one week, how much will Caitlin make at the end of the week?
$416
What is the amount of money you earn before anything is taken out for taxes or other deductions called?
Gross Income
If someone is paid $15.35/hr, and they worked 40 hours in one week, what is their weekly earning?
$614
Calculate the HST tax (13%) on a pair of shoes which has a retail price of $80.00.
$10.4
Time Worked beyond regular hours
overtime
Brian makes $33,550 per year. How much will Brian make in 4 years?
$134,200
Terry makes a gross income of $450 but a net income of $330. How much is Terry paying in taxes and deductions?
$120
Jovi has been told the he will make $54,250 at the end of each year. If he gets paid bi-weekly, how much does he earn on each pay cheque?
$2086.54
Calculate the total cost after tax on a pair of shoes which has a retail price of $80.00.
$90.4
money earned for selling a product or service. Based on percentage of sales or number of items sold.
commission
Laura works as a veterinary assistant. She makes a salary of $51,000 per year. How much does Laura make monthly?
HINT - there are 12 months in 1 year.
$4,250
Robin makes has an annual salary of $65 000. What is her monthly income?
$5416.67
Kensi is paid by piecework for picking apples at the orchard. She gets $0.10 per each apple. In a hour, Kensie can pick 120 apples. How much will she earn if she worked for 4 hours without any breaks?
$48.00
A $80 pair of shoes is on sale for 25% off. Calculate the sale price.
$40
This is the form that your employer gives you which shows your income and the taxes you paid.
T4
Joan makes an hourly wage of $16.00 per hour. She works 20 hours per week. How much will Joan make in 2 weeks?
$640
Cleveland made a gross income of $45,300 in 2020. If CPP contributions are 4.95%, how much will Cleveland be paying in CPP deductions?
HINT - turn the 4.95% into a decimal before calculating.
$2,242.35
Lois makes $7.50 per hour and an 8% on all sales she makes during her shift. If she made $1000 in sales and worked for 2 hours, how much will she earn?
$95
Makaio goes back to school shopping and gets the following items.
Lead pencil- $4.60
Backpack- $35.40
Eraser - $1.20
Notebook-$2.30
Pack of Pens- $3.80
He has a coupon for 40% off. Calculate the total coast after discount and taxes.
$32.07
A percentage of your income that goes to the government for a fund that pays you if you lose your job in the future or cannot work.
Employment Insurance (EI)
Forrest makes a 4% commission on all sales at his job. This week, Forrest sold $9,000 worth of product. How much commission will Forrest make?
$360
In the first year of working at her new job, Jessy made a taxable income of $42,100. She knows she will need to pay 15% in Federal Income Tax. How much in total will Jessy need to pay in Federal Income Tax?
$6,315
Yasmine makes a yearly salary of $46,700.
Tom makes a wage of $23.00/hour, working 40 hours per week for 50 weeks a year.
Who make MORE money?
Yasmine makes make.
Tom only $46,000 in total.