Search Header Logo

Income Calculations

Authored by Sue Johnson

English, Mathematics

10th Grade

CCSS covered

Used 4+ times

Income Calculations
AI

AI Actions

Add similar questions

Adjust reading levels

Convert to real-world scenario

Translate activity

More...

    Content View

    Student View

11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the formula to calculate Gross pay?

Hourly pay rate - Total hours worked

Tags

CCSS.7.EE.B.3

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An employee works for 20 hours at a rate of $20.00 per hour. He then works another 10 hours at time and half ( 1.5 x $20.00 ) What is his total income for the week.

$400.00

$450.00

$300.00

$700.00

Tags

CCSS.7.EE.B.3

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Deductions from income include ( choose the most correct )

TAX ( PAYE)

Tax and student loans

Tax, Kiwi Saver, Student Loans, ACC

ACC

Tags

CCSS.6.RP.A.3B

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An employee works for 15 hours at a rate of $25.00 per hour. He then works another 8 hours at time and half (1.5 x $25.00). What is his total income for the week?

$400.00

$375.00

$425.00

$450.00

Tags

CCSS.7.EE.B.3

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not considered as a deduction from income?

TAX (PAYE)

Tax and student loans

Tax, Kiwi Saver, Student Loans, ACC

Superannuation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the correct formula to calculate Net pay?

Gross pay - Deductions

Gross pay + Deductions

Gross pay \times Deductions

Gross pay \div Deductions

Tags

CCSS.6.NS.B.3

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tax codes are linked to Tax rates

True

False

Can be

not linked

Access all questions and much more by creating a free account

Create resources

Host any resource

Get auto-graded reports

Google

Continue with Google

Email

Continue with Email

Microsoft

Continue with Microsoft

or continue with

Facebook

Facebook

Apple

Apple

Others

Others

Already have an account?