Earning & Managing Money Quiz

A new bike costs $239 including 10% of GST. How much GST is included in the bike?

• $21.73

• $23.90

• $215.10

• $217.27

Amy is paid by commission only for working as a salesperson. Which of the following situations would ensure Amy earns more money?

• Working from home.

• Working on the weekend.

• Working extra hours at night.

• Increasing the value of her sales.

A television costs $1299, inclusive of 10% GST. What is the price of the television before GST, correct to the nearest dollar?

• $130

• $1149

• $1169

• $1181

Shaun earns a salary of $125400 and has allowable tax deductions of $2148. Use the table below to calculate how much income tax Shaun should pay, not including the Medicare levy.

• $31 603.90

• $31 747.00

• $33 100.24

• $33 895.00

Tom’s normal rate of pay is $23.75 per hour. In one week he worked 18 hours at the normal rate, 6 hours at time-and-a-half and 2.5 hours at double time. He was also paid a wet weather allowance of $65 for the week. What were his total earnings for the week?

• $629.38

• $694.30

• $760

• $825

Olivia is paid $22.55 per hour, as well as a meal allowance of $15.30 per day. What are Olivia’s total earnings if she works 8 hours per day for 5 days?

• $195.70

• $917.30

• $978.50

• $1514.00

The cost of a calculator, including 10% GST, is $24.20. Calculate the GST.

• $2.42

• $2.20

• $22

• $21.78

Sofia starts a new job on a salary of $54080 p.a. She has deductions of $54.00 per week for her health fund and income tax deducted at 19% of her gross salary. What is her take home pay each week?

• $787.56

• $788.40

• $798.66

• $986.00

A microwave oven costs $396, inclusive of 10% goods and services tax (GST). What is the price of the microwave oven before the GST is included?

• $36

• $39.60

• $356.40

• $360

Zara works for 4 days in a week for the following hours and rates.

• 6 hours on Thursday at ordinary time

• 7 hours on Friday at ordinary time

• 4.5 hours on Saturday at time-and-a-half

• 3 hours on Sunday at double-time.

On which day does she earn the highest pay?

• Thursday

• Friday

• Saturday

• Sunday