Calculating Income
Sales and Property Tax
Simple and Compound Interest
Estimating Monthly Loans
Markup and Discounts
100

What is the weekly gross pay for an airline pilot who receives an annual (52 weeks) salary of $48,000 (gross)?

What is $923.08?

100

A car valued at $25,000 has a 6% sales tax. What is the final price after tax?

What is $26,500?

100

Calculate the simple interest earned on $1200 at a rate of 5% over 3 years.

What is $180?

100

If you borrow $1575 at an APR of 7% for 1 year, estimate the monthly payment. 

What is $140.44?

100

Retail price of an item is $2.60 with a 50% discount. What is the sale price of the item?

What is $1.30?

200

If someone has a gross income of $50,000 and pays 20% in taxes, what is their net income?

What is $40,000?

200

A real estate salesperson earns $8.80 per hour, plus 2% commission on all sales.  If a $120,000 house sells, what is the gross pay for the week, after working 30 hours?

What is $2,664?

200

What is the simple interest earned in 4 months on a $300 savings account at an annual rate of 1.49%?

$1.49

200

If you borrow $2500 at an annual interest rate of 6.3% for 24 months, what is your estimated monthly payment?

What is $117.29?

200

Retail price of an item is $4.50 after a 130% markup. What was the wholesale cost of the item?

What is $1.96?

300

A high voltage electrician earns $29.50 per hour and receives a paycheck (net) of $778.80 for a 40-hour week. What is the total percentage deducted?

What is 34%?

300

Find the taxes on a house valued at $90,000 in town with a mil rate of 13.3 mils.

What is $1197?

300

Determine the amount of the loan after 2 years if simple interest is paid on a $750 single-payment loan at an APR of 8%.

What is $870?

300

Estimate the monthly payments for a $15,000 personal loan at 6% APR over 4 years.

What is $387.50?

300

Wholesale cost of an item is $125 and retail price is $275.00. What is the percent markup on the item?

What is 120% markup?

400

Use the information listed on the pay stub shown to determine the total percentage withheld. All items are a percentage of the gross pay.

Pay Stub: Gross Pay: $480; Federal Tax: $57.60; FICA: $67.20; State Tax: $33.60

What is 33%?

400

The sales tax on the purchase of an airplane is figured on the difference between purchase and trade in value.  If the sales tax rate is 5.5%, what is the tax on a new plane costings $35,000, with a trade-in value of a plane valued at $15,075?

What is $1095.88?

400

If $2000 is invested at an annual interest rate of 4% compounded biannually for 1 years, how much will it grow to?

What is $2080.8?

400

What is the estimated monthly payment for a $6200 car loan with a 9% annual interest over 5 years?

What is $149.83?

400

The sale price after a 20% discount of an item is 90 cents. What was the retail price of the item?

What is $1.13?

500

Determine the weekly gross pay for an auto body technician earning $19.40 per hour working 48 hours per week. (Overtime is time and a half for hours over 40).

What is $1008.80?

500

Four video games priced at $25.95 each are purchased.  If the total cost including tax is $107.43, what is the tax rate?

What is 3.5%?

500

Determine the balance at the end of one year if $800 is deposited in a savings account earning 1.83% interest compounded quarterly.

What is $814.74?

500

A $210,000 mortgage is taken for 30 years at an annual interest rate of 3.5%. Estimate the monthly payment.

What is $1195.83?

500

Retail price of an item is $16.50 and sale price is $10.25. What was the percent discount on the item?

What is 38%?