Year 9 Financial Maths Revision Quiz

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

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

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

Tax table is...........

• The table used to determine your gross pay

• Something accountants use to eat off

• The table used to decide the amount of income tax you will pay

This is an extra payment given to permanent employees when they take holidays/ leave.

• Leave loading

• Holiday roaming

• Leave super

Name the payment given to employees that work additional hours.

• Commision

• Superanuation

• Over time