Business Math Spiral Review

Front

What is a commission?

Back

Payment for sales or tasks, in addition to regular pay.

Front

How much did Maria get paid for assembling 23, 34, 52, 47, and 31 widgets at $4.25 each?

Back

$794.75

Front

What is net pay?

Back

Earnings after all deductions, what the employee actually receives.

Front

When you have a discount, do you add or subtract the discount from the original price?

Back

Subtract.

Front

If your calculated pay was $425.298125..., how much would you actually get?

Back

$425.30.

Front

What is gross pay?

Back

Total earnings before any deductions.

Front

What is a deduction?

Back

An amount taken away from gross pay, such as taxes or benefits.

Front

How do you calculate total pay?

Back

Multiply the number of items sold by the price per item.

Front

What is a salary?

Back

A fixed regular payment, typically paid on a monthly or biweekly basis.

Front

What is a paycheck?

Back

A document that an employer gives to an employee as payment for work done.