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Salary, Commission, Plus Test

Total questions: 20

Worksheet time: 1hrs 15mins

Name
Class
Date
1.
An accountant receives a yearly salary of $72,000.  Find his monthly salary.
a)
$6000.00
b)
$864,000.00
c)
$600.00
2.

How many times a year do you receive a paycheck if you are paid biweekly?

a)

52

b)

26

c)

24

3.

An employee who is paid monthly is paid _______ times a year.

a)

12

b)

24

c)

6

4.
What is an annual salary?
a)
What you are paid each month
b)
What you earn over the course of a year.
5.

You earn $550 weekly. How much do you make per year?

a)

$23,500

b)

$28,600

c)

$29,200

6.

You got a new job and will earn $2750 per month. What is your yearly salary?

a)

$16,500

b)

$229

c)

$33,000

7.

You are making $780 per week. How much will you earn in a year?

a)

$45,060

b)

$20,280

c)

$40,560

8.

If you are paid $1,500 bi-weekly how much will you earn in a year?

a)

$50,000

b)

$78,000

c)

$39,000

9.

A ________________ is a fixed amount of money paid each pay period regardless of the amount of hours worked.

a)

Hourly rate

b)

Salary

c)

Weekly wage

10.

George makes an annual salary of $58,000 . What would he make in 1 week?

a)

$2,345

b)

$1,115

c)

$2,230

11.

Alivia sells jewelry. She make a total of 12% of commission off of her sales. How much commission Alivia make when she sells $22,540 worth of jewelry.

a)

$304.80

b)

$450.80

c)

$2,704.80

12.

Compute the sales commission:

Sales amount: $48,000.00

Commission rate: 3%

a)

$1400.00

b)

$1440.00

c)

$1500.00

13.

Compute the sales commission:

Sales amount: $500.00

Commission rate: 5%

a)

$45.00

b)

$50.00

c)

$25.00

14.

Compute the sales commission:

Sales amount: $450.00

Commission rate: 5%

a)

$25.00

b)

$32.00

c)

$22.50

15.

Compute the sales commission:

Sales amount: $950.00

Commission rate: 10%

a)

$90.00

b)

$95.00

c)

$98.00

16.

Compute the sales commission:

Sales amount: $880.00

Commission rate: 4%

a)

$30.00

b)

$29.00

c)

$35.20

17.

Compute the gross pay:

Base pay: $482.10

Sales amount: $260.00

Commission rate: 9%

a)

$742.10

b)

$528.30

c)

$505.50

18.

Compute the gross pay:

Base pay: $275.90

Sales: $350.00

Commission Rate 5%

a)

$31.30

b)

$625.90

c)

$293.40

19.

Mr. Ryan sells $26,012 worth of dish equipment. His rate of commission is 4.8%. He also receives a base salary of $380. What is his gross pay?

a)

$1,628.58

b)

$1,248.58

c)

$1,558.80

20.

Mr. Willie earns a base salary of $575 plus commission. If he sells a house for $73,989. His rate of commission is 5.2%. What is his gross pay?

a)

$3,784.50

b)

$4,422.43

c)

$3,847.43