Income PI
How is a casual worker paid? (how is it calculated)
What is the average annual income for Australians (within $10,000)
$92,000
A TV store is having a 50% off sale. Calculate the new price of a TV that originally cost $800.
$400
What is tax?
*Teacher's discretion*
Andrew bought a pair of jeans for $25 reduced from $60. How much did he save?
$35
Kaeli works at a factory or $11.55 per hour. If Kaeli earns $462, how many hours did she work?
40 hours
Teresa earns $15 per hour. Calculate her wage for the week where she works an 18 hr week.
$270
Find the sale price on a $32 toaster after a 25% discount is applied.
$24
What percentage is GST?
Give 3 unique examples of Finance in the real world.
*Teacher's discretion*
Kimberly earns $8.50 per hour for the first 8 hrs she works each day, then time and a half for each hour after that. What is Kimberly paid when she works 11 hours.
$106.25
As a salesman, James earns 16% of all the sales he makes. What does James earn in a week where he sells goods worth $2 800?
$448
A stereo system cost $480 and is discounted 34%. What is the new sale price?
$316.80
Calculate the GST on an item that originally cost $50.
$5
If you can't afford something upfront, how might you purchase it (without family help)?
Loan, buy-now pay-later, etc.
Emilie earns $425 a week. How may weeks does it take before she has earned more than $12000.
29 weeks
Kate is paid $160 plus a commission of sales; 10% of the value of her sales. How much does Kate earn where she makes sales of $650
$225
A car that was originally $20,000, is reduced by 10%. After this discount, it is then reduced by a further 20%. What is the new price of the car?
$14,400
Calculate the GST-inclusive price of an item that originally cost $20
$22
J'amie pays $135 for a desk at a 25% off sale. What was the original price?
$180
Frank and Patrick work as mechanics for different companies. Frank earns $32,000 p.a. Whilst Patrick is paid $550 per week. Who earns the most and by how much per year?
Frank earns $3323 more per year
Alf earns a retainer of $500 a week plus commission on sales of 2% on the first $30,000 and 1% on the remainder. Find Alf's earnings were he makes sales of $50,000.
$1300
A retailer sells a play station set for $781, making himself a profit of 10%. Find the wholesale price of the play station.
$710
Calculate the percentage tax if the income earnt was $154830 and the tax payable was $35002
22.6%
A hair straightener is discounted $160 to $112. Find the percentage discount.
30%