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1 semester test - Personal Finance

Total questions: 64

Worksheet time: 16hrs 0mins

Name
Class
Date
1.

Lindsey got her first paycheck and noticed that she only took home $62.45 this week. She worked 10 hours and made $8 an hour.

How much did her employer withhold from her paycheck?

a)

17

b)

18.35

c)

15.23

d)

17.55

2.

Assume your phone bill averages $45 a month and you have a car payment that is $140 per month. You also spend about $20 a week on food. How much are your monthly expenses?

a)

265

b)

271

c)

271.50

3.

How much is Kaden’s monthly cash inflow if he earns $80 a week but about 20% is withdrawn from his check for taxes?


let's say there is 4 weeks in each month

a)

256

b)

280

c)

285

4.

Ryan worked 40 hours during the first week of his summer job and made $9 an hour. his paycheck was for $332.46. how much did his employer withhold from his paycheck

a)

27

b)

27.54

c)

30

5.

Ryan worked 40 hours during the first week of his summer job and made $12.25 an hour. his paycheck was for $332.46. how much did his employer withhold from his paycheck

a)

157.54

b)

127.54

c)

147.54

6.

shoes are 39.99 and the tax is 7.2%. what is the total to buy the shoes.

a)

42

b)

43.36

c)

42.87

7.

shoes are 59.99 and the tax is 6.2%. what is the total to buy the shoes.

a)

63.71

b)

43.36

c)

42.87

8.

your ticket for a meal was 12.89. you want to leave a 20% tip. how much do you leave?

a)

3

b)

2.20

c)

2.58

9.

solve the linear equations

4x - 5(x - 2) = 9x - 14

a)

2.4

b)

2

c)

3

10.

If Jim worked 47 hours and he gets paid $9.25 an hour, how much will he make for his regular pay.

a)

370

b)

300

c)

434.75

11.

how many overtime hours did mike earn if he worked 62 hours

a)

20

b)

62

c)

22

12.

if Tina gets paid $8.75, how much is her rate for overtime, if she gets time and a half

a)

8.75

b)

13.13

c)

10.00

13.

What is the name of the employee

a)

John Garza

b)

David Smith

c)

Tim Davis

14.

What is the name of the employer

a)

AC Unlimited

b)

HVAC AC

c)

Too Cold AC

15.

Does the pay stub have the employee social security number

a)

yes

b)

No

16.

What is his take home pay

a)

178.60

b)

281.40

c)

355.07

17.

What is his overtime pay rate

a)

12

b)

15

c)

17.63

18.

What percent of 29 is 3

a)

10.3

b)

10

c)

10.5

19.

what percent of 33.5 is 21

a)

62.5

b)

62.7

c)

62

20.

what percent of 55 is 34

a)

61.7

b)

61.8

c)

61.5

21.

41% of 78 is what

a)

32

b)

30

c)

31

22.

58% of what is 63.4

a)

109.3

b)

109

c)

109.2

23.
The fraction above is what percent?
a)
5%
b)
50%
c)
55%
d)
20%
24.

How much income tax would you owe given the following tax rates and net incomes

35% (tax) $25,000 (net income)

a)

6200

b)

8750

c)

6000

25.

How much income tax would you owe given the following tax rates and net incomes

25% (tax) $25,000 (net income)

a)

6200

b)

6250

c)

6000

26.

How much income tax would you owe given the following tax rates and net incomes

15% (tax) $25,000 (net income)

a)

3750

b)

3700

c)

3500

27.

How much per week does David pay for medical coverage?

a)

10

b)

2.34

c)

1

28.

if gross pay is $654.00, what is FICA if its 7%

a)

43

b)

45.78

c)

43.80

29.

if gross pay is $654.00, what is Federal tax if it is 15%

a)

98.10

b)

111.10

c)

111.00

30.

if gross pay is $654.00, what is State tax if it is 4%

a)

45.70

b)

45

c)

26.16

31.

if gross pay is $1254.32, what is State tax if it is 9%

a)

87.00

b)

87.50

c)

112.89

32.

if gross pay is $1254.32, what is Federal tax if it is 3%

a)

37.60

b)

37.63

c)

37.00

33.

if gross pay is $1254.32, what is FICA if it is 11%

a)

137.98

b)

163.00

c)

163.01

34.

what is time and a half, if an employee gets paid 10.25 an hour

a)

9.25

b)

15.38

c)

10.50

35.

What will an employee make if he works 32 hours and gets paid 10.32 an hour

a)

330.24

b)

330.00

c)

330.25

36.

What will an employee make if he works 42 hours and gets paid 10.32 an hour

a)

330.24

b)

433.44

c)

443.76

37.
Convert the following fraction into a decimal.
24/48
a)
24.48
b)
2.4
c)
0.5
d)
2.0
38.
Convert to a decimal
5/15
a)
0.33333...
b)
5.15
c)
5.3
d)
5.33333...
39.

Madeline took 3 friends out for dinner. The cost of the meals was $46.50. She left a 20% tip. What was the total cost including the tip?

a)

$50.25

b)

$9.30

c)

$55.80

d)

$48.50

40.
What percent of 50 is 20?
a)
40%
b)
25%
c)
2.5%
d)
4%
41.
78 is what percent of 450?
a)
5%
b)
.17
c)
17%
d)
18%
42.
What is 40% of 230?
a)
92
b)
9200
c)
9.20
d)
575
43.
72 is what percent of 150
a)
22
b)
45
c)
54
d)
48
44.
120 is what percent % of 40
a)
300
b)
35
c)
125
d)
250
45.
What percent of 17 is 3? (Round if needed)
a)
18
b)
16
c)
12
d)
3
46.
What percent of 145 is 29?
a)
2%
b)
3%
c)
18%
d)
20%
47.
What number is 5% of 46?
a)
2.3
b)
0.023
c)
920
d)
92000
48.
78 is what percent of 450?
a)
5%
b)
0.17
c)
17%
d)
18%
49.
What is 40% of 230?
a)
92
b)
9200
c)
9.20
d)
575
50.
72 is what percent of 150?
a)
22
b)
45
c)
54
d)
48
51.
What is 24% of 135?
a)
28.6
b)
30.8
c)
32.4
d)
32.9
52.
1.6 is what percent of 5?
a)
3.125%
b)
0.32%
c)
32%
d)
320%
53.
What percent of songs are Rock AND Classical?
a)
20%
b)
25%
c)
40%
d)
50%
54.
What percent of 50 is 20?
a)
40%
b)
25%
c)
2.5%
d)
4%
55.
34% of what number is 51?
a)
69
b)
71
c)
150
d)
196
56.
Daniel has dinner at a restaurant and the cost of his meal is $28.00. Because of the service, he wants to leave a 20% tip. What is his total bill including tip?
a)
33.60
b)
40.00
c)
24.60
d)
30.50
57.
A skateboard is on sale with a 25% discount. The original price was $120.
Find the sale price.
a)
60
b)
90
c)
110
d)
44
58.
What is 150% of 158?
a)
237
b)
2.37
c)
23.7
d)
2370
59.
What percent of 200 is 28?
a)
20%
b)
30%
c)
14%
d)
28%
60.
What is 14% of 80?
a)
14
b)
11.2
c)
24
d)
34
61.
Calculate 25% of 80
a)
20
b)
80
c)
48
d)
95
62.
What is 0.56 written as a percent?
a)
56%
b)
5%
c)
6%
d)
5.6%
63.
10% of what number is 8?
a)
80
b)
125
c)
8
d)
Not Here
64.
What is 20% of 75?
a)
15
b)
60
c)
6
d)
1.5