Earning Money
A common overtime hourly rate is time-and-a-half. How could you represent this as a decimal?
1.5 x Regular hourly wage
What are council rates and what are two things they cover?
Council rates: fee home owners pay to support councils in providing park lands, libraries, rubbish collection and road maintenance
How many days are in a leap year and how many days are in a normal year?
Normal Year: 365
Describe one way a scale may be written on a map
a ratio of distance on a map to actual distance, such as 1:100 000
a statement, such as ‘1 cm represents 1 km'
a scale bar.
Identify 2 different units of speed
metres/second (m/s)
kilometres/hour (km/h)
List 3 reasons why someone may receive penalty rates.
1. Working on weekends
2. Working on public holidays
3. Shift work (early mornings, late nights)
4. Working overtime
What does CTP stand for?
Compulsory Third Party insurance
22:10 in 12 hour time is what?
10:10pm
If a map is at a ratio of 1:10000, how far would 1cm on the map be equal to in actual distance? You answer in metres.
100 metres
What is the formula for calculating speed?
Speed = Distance/Time
What is superannuation and at what rate is paid from your annual salary.
Superannuation: a percentage of annual salary that is set aside for retirement. The minimum percentage required to be paid by employers is 9.5%
What is a comparison rate?
Comparison rate: an interest rate that gives a more accurate indication of the total cost of a loan. A comparison rate reduces to a single percentage the interest and all the additional fees.
A flight landed in Sydney at 8:07pm and left Adelaide at 6:53pm Sydney time. How long was the flight?
1 hour and 14 minutes
Calculate a scale ratio for a map in which 1 cm on the map represents an actual distance of 25km
1cm : 25km
1cm : 2500000 cm
1:2500000
A car travels at a constant speed of 60 km/h for 1.5 hours. How far did the car travel in kilometres?
Distance =Speed×Time
Distance = 60×1.5
Distance = 90 km
Annual leave is usually how many weeks? Annual leave loading is typically what percentage of a workers normal pay?
Typically 4 weeks per year. Annual leave loading is normally 17.5 percent on top of a workers normal pay.
In relation to vehicle insurance, what is the difference between: insurance premium and excess?
Insurance premium is the amount you pay each period to have the particular insurance (per year, quarter, month, fortnight, week, etc.). Excess is the cost for insurance claims. This is the cost the insured driver needs to pay before the claim is processed.
What does UTC stand for? What is it used for?
Coordinated Universal Time. it is the reference point for every time zone in the world.
If i was travelling from Brisbane to Darwin. What direction would I be travelling in?
North-westerly direction
How long in hours would it take a person to walk 3 km at an average speed of 1.8 m/s?
Time = Distance x Speed
Time = 3000/1.8
Time = 1666.67 seconds (28 minutes)
What is the Medicare levy and what percentage of an individuals taxable income is typically charged?
Medicare levy a portion of taxpayer’s funds used to pay for Medicare (healthcare for Australian residents). The current Medicare levy is 2% of taxable income, and may be reduced if the taxable income is below a certain amount.
Explain stamp duty
Stamp duty: a tax levied by all Australian territories and states on property purchases, such as homes, land and vehicles
What are the three Australian time zones? How many hours difference is there between QLD and WA. Is Western Australia in front of or behind Queensland in time?
Western Standard Time (WST)
Central Standard Time (CST)
Eastern Standard Time (EST)
2 hours difference between QLD and WA
WA is 2 hours behind QLD
A ratio of a map is 1:3,000,000. Calculate the actual distance from Point A - Point B if the map measures as 38mm. Provide your answer in km
38mm x 3,000,000 = 114,000,000mm
114,000,000/1,000,000 = 114km
Calculate the average speed of a dragster that covers 400 m in 4.25 seconds in km/h
0.4km/(4.25/60 x 60)
0.4/(4.25/3600)
0.4/0.00118055555
=338.82 km/h