A
What is the amount of money earned in a month?
monthly salary
What is the amount of money earned in a week?
weekly salary
What is the amount of money earned in a year?
yearly salary
What is a fee sometimes paid for sales work?
commission
What is the person who is hired to work for another person business?
employee
What is a person or business that gives work to another person?
employer
If a person is hired to work 40 hours for $9.00 per hour how much money would they earn in that WEEK?
40 X 9.00 = $360.00
If a person is hired to work 40 hours for $9.00 per hour how much money would they earn in that YEAR?
40 X 9.00 = 360.00
360.00 X 52 = 18,720
If you were told you would make $48,000 per year. How much would you make a week?
48,000 divided by 52
923.08
If you were told you would make $48,000 per year. How much would you make a month?
48,000 divided by 12
4,000
If my time card show I worked from 8am - 5pm, and take a 1 hour break (not paid) how many hours did I work?
8 to 12 is 4 hours and
12 to 5 is 5 hours
but we need to subtract 1 hour for the break
8 is the answer
If you work a 40 hour week you get $15.00 per hour. If you work any overtime you get time and a half. This week you worked 5 OT hours. What would your pay be for this week?
15.00 X 1.5 = 22.50 OT hourly wage
5 X 22.50 = 112.50 OT weekly pay
40 X 15.00 = 600 REG hourly weekly pay
112.50 + 600 = 712.50 TOTAL WEEKLY PAY
Sam worked 40 hours a week. He earns $9.70 per hour. Last week he also earned $375 in tips. What was Sam's income last week?
9.70 X 40 = 388.00
388 + 375 = $763
How do you find the percent of a number?
multiply the number by the decimal form of the percent
What is the decimal form of 5%?
.05
What is 8% of 72?
Change the percent to a decimal
multiply the number by the decimal
.08 X 72 = $5.76
What is the commission if the sales are $53,990. The rate of commission is 2.1%?
Change the percent to a decimal.
Multiply the decimal by the sales.
.021 X 53,990 = 1,133.79
If you earn a salary of $560 per week. Plus you get a 3% commission on all sales. Your sales were $1,500. What is your total Income for the week?
.03 X 1500 = 45
45 + 560 = $605
Gabe's yearly salary is $21000. What is his monthly salary?
21000 divided by 12
$1750 per month
Rosemary earns a 3.5% commission on her sales. One day her sales were $960. How much was her commission?
.035 X 960 = $33.60