Financial Math - Unit 1 Gross Pay

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

• gross pay
• average pay
• commission
• salary

Tags

CCSS.6.NS.B.3

Which type of employee is most likely to earn an hourly wage?

• professional athlete

• teacher

• lawyer

• waiter/waitress

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

Tags

CCSS.6.NS.B.3

If an emplouyee 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

Tags

CCSS.6.RP.A.3C

Maria earned $5,250, $4,800, $3,990 and $5,120 from her pet care business during the last four months.  What was her average monthly income?

• $4790
• $3990
• $4970
• $4800

Tags

CCSS.7.EE.B.3

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

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

You are paid $10 per hour. A regualr work week is 40 hours. What is you gross pay for a 49 hour week? Include overtime at a rate of time and a half

• $565.00
• $600.00
• $535.00
• $743.00

Tags

CCSS.7.EE.B.3

If you make $7.50 per hour, what is your holiday pay rate? (Double Time)

• $15.00
• $11.25
• $12.25
• $15.75