Taxes + Discount
Vocabulary
Wages
Income
Job Earnings
100

turn 55% into a decimal 

0.55

100

Payment based on the number of units made, sold or picked. 


Piecework 

100

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

100

What is the amount of money you earn before anything is taken out for taxes or other deductions called?

Gross Income

100

If someone is paid $15.35/hr, and they worked 40 hours in one week, what is their weekly earning? 

$614

200


Calculate the HST tax (13%) on a pair of shoes which has a retail price of $80.00. 

$10.4

200

Time Worked beyond regular hours

overtime

200

Brian makes $33,550 per year. How much will Brian make in 4 years?

$134,200

200

Terry makes a gross income of $450 but a net income of $330. How much is Terry paying in taxes and deductions?

$120

200

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

300

Calculate the total cost after tax on a pair of shoes which has a retail price of $80.00. 

$90.4

300

money earned for selling a product or service. Based on percentage of sales or number of items sold. 

commission

300

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

300

Robin makes has an annual salary of $65 000. What is her monthly income? 

$5416.67

300

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

400

A $80 pair of shoes is on sale for 25% off. Calculate the sale price. 

$40

400

This is the form that your employer gives you which shows your income and the taxes you paid. 

T4

400

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

400

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

400

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

500

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

500

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)

500

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

500

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

500

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.

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