Unit 2 - Earning an Income

Wages & Salaries

100

If Gary works 13 hours at an hourly rate of $18.46/h. How much will he earn?

$239.98

200

Fatima earned a total of $924.75 over 45 hours of work. What was her hourly wage?

$20.55/h

300

If Sandra earns $15.80/h and earned a total of $418.70 in one week - how many hours did she work that week?

26.5 hours

400

What is the gross pay on Drew's weekly paycheck if her annual salary is $55,800?

$1,073.08

500

What is Connor's annual income if he works 40 hours a week at an hourly rate of $19.25?

$40,040

Alternative Earnings

100

Carter earns $1.90 for every tree he plants at work. How much will he earn if he planted 70 trees in 5 hours.

$133.00

200

Ryan is a realtor and makes 3% commission on his sales. If he sold a house for $540,000 what would he earn in commission?

$16,200 

300

Pasha makes money selling loaves of bread at markets. He sold 24 sourdough loaves at $12 a loaf and also sold 10 mini banana breads at $8 a loaf. How much did Pasha gross at the market?

$368.00

400

Sven earned $400 in commission on $15,000 in sales. What was his rate of commission as a percent?

~2.7%

500

Marty is doing a 30-hour electrical contract at a new restaurant. If his expenses are $430 and he wants to pay himself $42.50 an hour, how much should he quote the customer?

$1,705 rounded up to $1,725 or $1,750

OT/Additional Earnings

100

Megan works 40 hours a week for $15.78 but if she works over 40 hours, she earns time and a half. How much will she earn if she worked 46 hours?

$773.22

200

Parker got a $15,000 signing bonus on an annual salary of $130,500. What was her signing bonus as a percentage?

11.5% signing bonus

300

On Saturdays, Lucy's boss gives an extra $2.50/h to all workers. If Lucy normally earns $21.25/h and works a 6-hour shift this Saturday, how much will she earn that day?

$142.50

400

Annie works at a coffee shop. She earns $16/h and averages 12% tips on all sales. If she sold $400 in an 8-hour day, what would her total daily income be?

$176/day

500

Jimmy works up north and typically grosses $2,355.20 a week plus an additional $200 a month for isolation pay. What is Jimmy's annual income?

$124,870.40 annually

Deductions & Taxes

100

3.5% of Becca's gross income goes to her pension plan. How much does she pay every month towards her pension if her monthly gross income is $5120?

$179.20/month 

200

List 3 different types of deductions you might see on a pay stub and explain what they are for.

Includes: federal and provincial tax, union dues, disability and EI, pension plans, health benefits, etc.

300

Justine paid $122 to her union on her monthly paycheck of $3988.90. What percentage does she pay to her union?

3.06% to her union

400

If Ben has a gross pay of $7,483 and a net pay of $6,850, what percentage does he get deducted off his paycheck?

8.5% in deductions

500

Cassidy has 22% deductions off each paycheck. If she had $560.30 deducted last month, what was her gross income?

$2,546.82/month