Year 9 Financial Maths Revision Quiz

Gary worked 47.75 hours this week. He gets paid $13.25 per hour for the first 40 hours and then gets double-time for the rest of the time. How much money did he make this week? 

• $735.38
• $632.69
• $684.03
• $705.35

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Alice worked 52 hours this week. She gets paid $9.35 per hour for the first 40 hours and then gets time-and-a-half for the rest of the time. How much money did she make this week?

• $484.64
• $374.00
• $388.03
• $542.30

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.2

CCSS.7.NS.A.3

Sharon makes money by commission rates. She gets 17% of everything she sells. If Sharon sold $37000 worth of items this month, what is her salary for the month?

• $14,800
• $5,180
• $629
• $6,290

Tags

CCSS.6.RP.A.3C

You are paid $11.50 for every hour that you work. If you work from 10:30 in the morning until 5:30 in the evening, how much should you be paid?

• $80.50

• $92

• $69

• $27.10

Jake sold a total of $8400 worth of clothing last week at his store. If his commission is 12% of sales, how much commission did he earn?

• $100.80

• $1008

• $700

• $70000

Tags

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Sarah sold a total of $136000 of office equipment last month. If her commission is 7.8% of sales, how much commission did she earn?

• $1061

• $11832

• $10608

• $106080

Taxable income

• = Gross - deductions

• = taxable - deductions

• = net - deductions

Income tax =

• Amount paid to the government by people on a pension.

• Amount paid to government by people earning an income of a certain amount.

• Amount paid to government by part time workers

Identify which of the following is an example of income.

• Commission from the sale of a car.

• Interest earned on a savings account

• Cost of safety glasses for working in the Lab.

Identify a deduction from the list

• Interest earned on an investment

• Cost of driving to Canberra each week for work related meetings

• Cost of buying a new Jacket