Financial Math

Carl is paid an hourly rate of $12.65.  What is his weekly gross pay if he works 25 hours per week?

• $316.25
• $361.25
• $631.25
• $251.63

If an employee is paid an hourly rate of $15.10 for regular-time work, what is the employee's time-and-a-half rate for overtime work?

• $30.20
• $22.65
• $25.62
• none of these

William is paid a straight commission of 7.25% on all sales. Last week his sales totaled $10,300.  What were his commission earnings last week?

• $647.75
• $757.75
• $746.75
• $547.75

What tip would a waiter receive if a customer tips 20% on meals that cost $42.18?

• $8.44
• $4.21
• $6.44
• $9.00

Tags

CCSS.6.RP.A.3C

A bank loaned Peggy $3,000 at 13.5% p.a. simple interest for 9 months.  Find the amount of interest she owed on the loan.

• $405.00
• $3645.00
• $303.75
• $30375.00

James earns $3,129 a month.  He is saving 1/3  of his income each month for a down payment on his first home at the end of the year.  How much money will James be saving each month.

• $1,109.50
• $1043.00
• $925
• none of these answers

A Denver ski shop is selling a pair of ski boots at 22%  below its regular price of $260. How much does the buyer pay for the boots?

• $254.28
• $57.20
• 238.00
• 202.80

Which term best describes the total amount of money an employee is paid?

• gross pay
• average pay
• commission
• salary

Jane sells biscuits to a shop. The shop pays her $0.80 per biscuit. If Jane makes 42 biscuits in one week, how much does she earn?

• $32.00
• $36.30
• $33.60
• $35.30

Tags

CCSS.4.MD.A.2

Find the percentage profit on an iPad purchased for $320 and later sold for $459.

• 43.4%
• 44.3%
• 44.7%
• 34.4%