WAGES & SALARIES
A WORKER IS PAID $28/hr. FIND THE WAGE FOR A 38-hour WEEK
$1064
IF THE NORMAL RATE IS $30/hr, WHAT IS TIME-AND-A HALF RATE?
$45 / hr
FIND THE GST (10%) ON COMPUTER PRICED $1550.
$155
CALCULATE Comission 0N $2000 AT 2%.
$40
What does PAYG tax stand for?
Pay as you go
CONVERT A FORTNIGHTLY WAGE OF $2100 TO A ANNUAL SALARY
$54,600
IF YOU EARN $32.50/hr AND WORK 4 HOURS AT DOUBLE TIME. TOTAL?
$260
A PERSON EARNS $1500/WEEK AND PAYS $330 TAX. WHAT % OF THEIR PAY IS TAX?
22%
Find the total money earned if a person earns $45000 plus 5% commission on what they sell. They sold $10 000.
$45500
Why does PAYG tax exist?
So the tax you pay is broken into smaller chunks, rather than paying a large sum at the end of the year.
A SALARY IS $84,500 p.a. HOW MUCH WOULD YOU EARN IN 3 WEEKS?
$4,875
AN EMPLOYEE GETS 17.5% LOADING ONN 4 WEEKS PAY. ONE WEEK IS $1400, FIND THE LOADING
$980
AN ITEM COSTS $363 INCLUDING GST. WHAT WAS PRICE BEFORE GST?
$330
Calculate the royalites earned for $0.12 per stream, and their song was streamed 100 000 times.
$12 000
If someone gets $300 taken out each fornightly pay, how much tax is taken out over a year?
$7800
A MANAGER EARNS $5200 A MONTH, HOW MUCH IS THIS PER WEEK?
$1,200
A SALESMAN EARNS $500/WEEK PLUS 3% COMMISSION ON SALES. HE SELLS $42,000 OF GOODS. TOTAL PAY?
$1,760
TAX TABLE: FIRST $18,000 IS FREE, THEN 19c for every $1 OVER $18,000. FIND THE TAX ON $55,000 INCOME.
$7,030
How many sales will it take to earn $5 000 in commission, if they earn 3% per sale.
$125 000
Someone earns $2200 per fortnight, and are taxed $480 each pay. What percentage of their pay is taxed per fortnight?
21.82%
A WORKER’S PAY IS INCREASED BY 8% TO $37.80/hr. WHAT WAS THEIR ORIGINAL HOURLY RATE?
$35/hour
A CASUAL GETS $35/hr (includes 25% loading). HOW MUCH MORE DO THEY EARN IN 20 hours THAN A PERMANENT WORKER?
$140
A PERSON’S NET PAY IS $1200/WEEK. TAX IS 25% OF GROSS PAY. WHAT IS THEIR GROSS ANNUAL SALARY?
$1600
If someones total pay is $120 000, including commission and they earn 2% for every sale and sold $50 000. What percentage of their total pay was commission?
0.83%
If someone earns $2500 per week, this is their PAYG tax table $567 + 37c per $1 over 2308. What is their PAYG tax? What percentage is this of their total weekly wage?
$638.04, 25.5%