Percents & Decimals
Write 23/100 as a decimal
0.23
$427.35 + $186.40 + $1,205.18 = ?
$1.818.93
What is gross pay?
total earnings before deductions
An amount subtracted from gross pay is called a(n) ________.
deduction
What are employee benefits?
Extra compensation received in addition to wages/salary
Write 0.37 as a percent
37%
$41,275.60 − $8,946.25 = ?
$32,329.35
What is net pay?
take-home pay after deductions
A tax in which the rate does not vary with the amount of income is called a ________ tax.
flat tax
Benefits are: vacation $2,400; holidays $1,875; pension $3,950; health insurance $515. What are total benefits?
$8,740
Write 0.0642 as a percent to the nearest tenth of a percent
6.4%
$648 ÷ 0.1 = ?
6,480
Gross pay is $575. Deductions are $45 federal, 6.2% Social Security, and 1.45% Medicare. What are total deductions?
$89.04
A worker has $28,400 of federal taxable income and pays 3.5% state income tax. How much state tax is owed?
$994.00
Gross pay is $47,500. Employee benefits are 16% of gross pay. Find total job benefits.
$7,600
$72 is what percent less than $90?
20%
Find 4.25% × $38,400.
$1,632.00
Gross pay is $575. Deductions are $45 federal, 6.2% Social Security, and 1.45% Medicare. What is the net pay?
$485.96
Gross income is $48,750. An approved retirement contribution is $4,250. What is adjusted gross income?
$44,500
If gross pay is $47,500 and benefits are $7,600, what is total compensation?
$55,100
A backpack costs $90 and is on sale for $72. What percent is the discount?
20%
Find a 6.2% Social Security deduction on $1,925.50.
$119.38
Gross pay is $725. Deductions: $60 federal, 6.2% Social Security, 1.45% Medicare, $32 insurance. Find Social Security, Medicare, total deductions, and net pay.
SS $44.95; Medicare $10.51; total $147.46; net $577.54
Taxable income is $46,500. State tax is $1,700 plus 6% of taxable income over $42,000. Find the state income tax.
$1,970
An employee earns $19.75/hour, 40 hours/week, 50 weeks/year. Benefits: $1,350 health insurance and $650 parking. Expenses: $300 dues and $1,450 commuting. Find net job benefits.
$39,750