Essential Maths Earning and Spending

Chung earns an annual salary of $72,000. He much is he paid each month (before tax)?

• $10,000

• $2000

• $12,000

• $6000

Jenny worked 5 hours overtime earning time-and-a-half. If she normally earns $23.50 an hour, how much overtime pay did she earn?

• $176.25

• $117.50

• $235

• $35.25

Pablo earns a piece-rate of $5 per pizza order. If there are 100 pizza orders in one day, how much would he be paid?

• $100

• $250

• $125

• $500

Ben worked 35 normal hours and 4 overtime hours earning double time. If Ben normally earns $24.30 an hour, how much did he earn that week?

• $1044.90

• $194.40

• $996.30

• $850.50

Compute the sales commission:

Sales = $560.00

Commission Rate 5%

• $25.00
• $20.00
• $28.00
• $32.00

Gabriel earns $60,000 a year. He has no private health cover. How much does he pay in Medicare levies?

• $1800

• $1200

• $600

• $10,000

Kelly has claimed $400 in tax deductions. Her gross income is $46,500. What is her taxable income?

• $46,900

• $46,100

• $45,700

• $42,500

Yasmin earns a taxable income of $217,000. She has no private hospital cover. How much does she pay in Medicare levies?

• $7595

• $7052.50

• $6510

• $4340

Carl buys a product for $71.50, inc. GST. The mark-up applied to the product is 30%. Find the cost of the product (before the mark-up).

• $55

• $50

• $65

• $25

The GST-inclusive price of a product is $451. How much GST was paid?

• $45.10

• $451

• $41

• $37.58