Math Challenge Quiz

A person’s annual salary is $62 000.

How much does the person earn per week?

• $1051.35

• $1132.64

• $1192.31

A person earns $23.40 per hour and works 37.5 hours per week.

How much does the person earn per week?

• $857.50

• $877.50

• $887.50

A person earns $2435 per fortnight.

How much does the person earn per year?

• $63 310

• $58 440

• $60 875

A person earns $4250 per month.

How much does the person earn per week?

• $980.77

• $991.66

• $1062.50

Earners pay an ACC (Accident Compensation Corporation) levy. The levy is calculated from a percentage of gross income. Shane has two jobs. Last year, he earned $24 562 from the first and $36 846 from the second, and he paid a total of $853.57 in ACC levies.

What percentage of gross income is the ACC earners levy?

• 0.0139%

• 0.139%

• 1.39%

Mike earns an annual salary of $60 000, on which he pays $11 020 tax and $834 ACC levies.

What is his net weekly pay (pay after tax)?

• $909.04

• $925.88

• $941.92

How much is Sam’s annual disposable income (income after taxes)?

• $29 980

• $32 655

• $34 658

How much is Elsie’s annual disposable income (income after taxes)?

• $50 519

• $51 595

• $51 955

How much is Tamati’s annual disposable income (income after taxes)?

• $61 863

• $65 116

• $68 369

Who has the highest percentage of gross pay in take home pay?

• Jack

• Lee

• Sienna