Gross and Net Pay

Net Pay is...

• pay you get after deductions

• pay you get before deductions

• gross pay

• regular pay + overtime pay

How many hours can you work in a week to be considered STANDARD?

• 35

• 30

• 40

• 45

If Susan worked 52 hours this week, how many hours did she work OVERTIME?

• 40

• 0

• 10

• 12

Joe worked 35 hours this week and earned $17.25 per hour. What is Joe's GROSS PAY?

• $603.75

• $595

• $54.25

• $522.50

________________________ is what you earned BEFORE deductions.

• Bonus Pay

• Gross Pay

• Net Pay

• Overtime Pay

________________________ is what you earned AFTER deductions.

• Bonus Pay

• Gross Pay

• Net Pay

• Overtime Pay

A person's weekly gross pay is $1,500. The deductions are: Federal income tax is $120, State Income Tax is $60.25, Social Security tax is $93, Medicare is $21.75, and Health Insurance is $55. What is the person's net pay?

• $1,350

• $1,295

• $1,195

• $1,150

Eli earns an 8% commission on his sales of $75,680. What is his commission?

• $6,054.40

• $60,544

• $605,440

• $75,688

Lucy earned $493 for the week plus $525 in tips. What is her gross pay?

• $620

• $865

• $32

• $1,018

If Mary gets paid $12,300 a year, how much does she get paid each month?

• $1,025

• $3,075

• $473.08

• $147,600