WAGES & SALARIES
A WORKER IS PAID $28/hr. FIND THE WAGE FOR A 38-hour WEEK
$1064
IF THE NORMAL RATE IS $30/hr, WHAT IS TIME-AND-A HALF RATE?
$45 / hr
FIND THE GST (10%) ON COMPUTER PRICED $1550.
$155
CALCULATE INTEREST 0N $2000 AT 6%p.a. FOR 3 YEARS.
$360
A $120 JACKET IS 25% OFF. WHAT IS THE SALE PRICE?
$90
CONVERT A FORTNIGHTLY WAGE OF $2100 TO A ANNUAL SALARY
$54,600
IF YOU EARN $32.50/hr AND WORK 4 HOURS AT DOUBLE TIME. TOTAL?
$260
A PERSON EARNS $1500/WEEK AND PAYS $330 TAX. WHAT % OF THEIR PAY IS TAX?
22%
FIND THE TOTAL $$ IN AN ACCOUNT AFTER 5 YEARS IF YOU START $8000 & EARN INTEREST at 4%pa
$9,600
A SHOP MARKS UP A $15 BOOK BY 24%. WHAT’S THE NEW PRICE?
$18.60
A SALARY IS $84,500 p.a. HOW MUCH WOULD YOU EARN IN 3 WEEKS?
$4,875
AN EMPLOYEE GETS 17.5% LOADING ONN 4 WEEKS PAY. ONE WEEK IS $1400, FIND THE LOADING
$980
AN ITEM COSTS $363 INCLUDING GST. WHAT WAS PRICE BEFORE GST?
$330
FIND THE SIMPLE INTEREST ON $15,000 AT 3.5%p.a. FOR 18 MONTHS.
$787.50
WHICH IS BETTER BUY? 450g for $6.30 OR 600g for $8.10?
600g for $8.10
A MANAGER EARNS $5200 A MONTH, HOW MUCH IS THIS PER WEEK?
$1,200
A SALESMAN EARNS $500/WEEK PLUS 3% COMMISSION ON SALES. HE SELLS $42,000 OF GOODS. TOTAL PAY?
$1,760
TAX TABLE: FIRST $18,000 IS FREE, THEN 19c for every $1 OVER $18,000. FIND THE TAX ON $55,000 INCOME.
$7,030
HOW MANY MONTHS WILL IT TAKE FOR $2000 AT 5%p.a. TO EARN EXACTLY $50 IN INTEREST?
6 MONTHS
A STORE HAS A "BUY 1, and get the 2nd ONE at HALF PRICE". WHAT IS THE ACTUAL % DISCOUNT ON THE TOTAL?
25%
A WORKER’S PAY IS INCREASED BY 8% TO $37.80/hr. WHAT WAS THEIR ORIGINAL HOURLY RATE?
$35/hour
A CASUAL GETS $35/hr (includes 25% loading). HOW MUCH MORE DO THEY EARN IN 20 hours THAN A PERMANENT WORKER?
$140
A PERSON’S NET PAY IS $1200/WEEK. TAX IS 25% OF GROSS PAY. WHAT IS THEIR GROSS ANNUAL SALARY?
$1600
WHAT Principal ($P) MUST BE INVESTED AT 4% p.a. TO EARN $350 INTEREST in 3 months?
$35,000
AN ITEM IS MARKED UP BY 40%, THEN HAS A 30% off SALE. WHAT IS THE overall % profit/loss?
2% LOSS