Basic Income
Commission
Vocab
100

John earns $15 an hour at his local bowling alley. He works 35 hours a week. What is his gross pay per week?

$525 per week

100

Lisa sells hot chocolate at a drink shop. She earns 10% on the profits of the hot chocolate. She makes $247 in profits from her sales this week. How much is she earning?

$24.70

100

What is the amount you are paid per hour you work.

Hourly Rate

200

Billy earns $11 an hour at Macdoodles. This week he worked 50 hours. What is his gross pay?

$605

200

Andrew works as an accountant and makes 80,000 a year, but he owes the IRS 27% of that income. How much money does he owe the IRS?

$21,600

200

a form of payment where a person earns a percentage of the sales they make. It's a common way to compensate sales representatives, real estate agents, and other individuals involved in selling goods or services.

commission

300

Marge earns $17.50 an hour as a salon technician. This week she earned $647.50. How many hours did she work?

37 hours

300

Jose works as a rock star and makes $102,000 a year. He also gets a royalty cut of 8% of what his songs make. His songs were downloaded 9,000,000 times and it's $1.30 a download. How much did Jose earn this year?

$1,038,000

300

a payment made to someone who owns the rights to something, such as an invention, a book, a song, or a piece of land. It's typically a percentage of the revenue generated from the use or sale of that property.

Royalties

400

Julianne works as a waitress and makes $13 and hour plus tips. She worked 16 hours this weekend and the restaurant made $400 in tips that is then split 5 ways between the waiters. How much did Julianne earn this weekend?

$288

400

Sarah works as a real estate agent. She earns a base salary of $2,000 per month plus a commission on her sales. Her commission structure is as follows:

  • 3% commission on the first $50,000 of sales.
  • 4% commission on any sales between $50,001 and $100,000.
  • 5% commission on any sales over $100,000.

In the month of October, Sarah sold two properties: one for $75,000 and another for $60,000. What was Sarah's total income for October?

$7,250

400

individuals who are paid based on the number of units they produce or the tasks they complete, rather than by an hourly wage or salary. This type of payment system is common in manufacturing, agriculture, and other industries where output can be easily measured.

Pieceworkers

500

Robert works as a Barista at a cafe. He earns $14 an hour and gets 25% of the cafe's tips. This week he worked x hours, and the restaurant made y tips. Express his wage algebraically. Assume he will work no more than 40 hours a week.

W = 14x + 0.25y

500

Jessy works at a car dealership. She gets 10% of the profits on regular cars, 15% of the profits on trucks, and 20% of the profit on sports cars. This month the dealership made x profits on cars, y profits on trucks, and z profits on sports cars. Express her earnings this month algebraically.

0.10x + 0.15y + 0.20z

500

a specific amount of money paid to a worker for each unit of output they produce or each task they complete.

Piecework Rate