Percentages
Convert 0.25 to a %
25%
$24.50 × 15 hours = ?
$367.50
What is gross income?
Total income someone earns before Tax
Formula for simple interest?
I = PRT
What is a commission?
Income based on the percentage of sales
Find 10 % of $200
$20
$62,400 per year = weekly pay?
$1,200
Mark’s taxable income = 62,400 + 3,600 – 2,000
$64,000
Find I when P=$800, R=5%, T=2 yrs.
$80
What is superannuation?
Retirement fund
Decrease $400 by 25 %
$300
$36,400 p.a. = fortnightly pay?
$1,400
If tax = $8,000 and levy = $1,300 → total tax?
$9,300
Find total amount.
P=$800, R=5%, T=2 yrs
$880
Find 5 % of $60,000
$3,000
A TV costs $800 on sale for 20 % off – new price?
$640
1.8 % of $750,000 = ?
$13,500
Super = 12 % of $66,000 = ?
$7,920
Jacob borrows $2,000 @6% for 3 yrs – interest = ?
$360
$1,000 in bank @ 4% for 2 yrs = interest ?
$80
$900 pay + 5 % increase = ?
$945
Who earns more: $780/week or $26 × 30 hrs?
$780 vs $780 – equal
What does the Medicare levy help fund?
Healthcare
Monthly repayment if $2,360 ÷ 36 months = ?
$65.56
Why is saving important?
Varied responses - teacher discretion