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Earning Money Reivew

Authored by Owen Birkholz

Mathematics

10th Grade

Used 1+ times

Earning Money Reivew
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7 questions

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1.

MATCH QUESTION

1 min • 1 pt

Match the following Words with the proper definitions

Pay for a specific percentage of sale

Commission

Agreement to perform work for a set fee

Contract

Payment based on the amount of work completed

Salary Plus

Base salary with additional performance incentives

Piecework

2.

MATH RESPONSE QUESTION

2 mins • 1 pt

Liam works as a welder and is paid $3.75 for each metal frame he welds. If he welds 52 frames per day, how much will he earn?

Mathematical Equivalence

ON

3.

MATH RESPONSE QUESTION

2 mins • 1 pt

Emma works as a jewelry maker. She is paid $187.50 for crafting 30 identical bracelets for a boutique. How much was she paid per bracelet?

Mathematical Equivalence

ON

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Olivia works as a car salesperson and earns a 5% commission on every car she sells. If she sells a car for $24,000, how much does she earn in commission?

$1,000
$1,500
$2,000
$1,200

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Daniel earned $1,350 in commission from selling a car. If his commission rate is 6%, what was the price of the car he sold?

$20,000

$22,500

$18,000
$15,000

6.

MATH RESPONSE QUESTION

2 mins • 1 pt

A luxury watch retailer pays its salespeople 4.5% commission on the profit from each sale. Ethan sells a watch for $12,500, but the store originally purchased it at a 40% markup on its wholesale price of $7,500.

How much did Ethan earn in commission?

Mathematical Equivalence

ON

7.

MATH RESPONSE QUESTION

2 mins • 1 pt

Sophia owns a catering business and bids $8,750 for a large event. Her total cost includes $5,600 for ingredients and supplies, plus she will pay her staff for 45 hours at $18.25 per hour.

Sophia personally worked 50 hours on this event, how much would her hourly earnings be based on her profit?

Mathematical Equivalence

ON

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