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Consumer Arithmetic

Total questions: 20

Worksheet time: 5hrs 0mins

Name
Class
Date
1.

How many hours are in a regular work week?

a)

30

b)

40

c)

50

d)

60

2.

How many paychecks will an employee earn if they are paid weekly?

a)

12

b)

26

c)

52

d)

365

3.

Why was minimum wage created?

a)

So small businesses could be successful.

b)

To help the government.

c)

To ensure the average worker can meet their most basic needs

d)

To help retired couples

4.

If you earn $625/wk, what would be your annual pay?

a)

$7,500/yr.

b)

$16,250/yr.

c)

$2,500/yr.

d)

$32,500/yr.

5.

Carol Jones is a receptionist in a doctor’s office. She worked 35 hours this week. If her regular pay is $9.68 per hour, what is Carol’s gross pay?

a)

$438

b)

$338

c)

$35

6.

You are a clerk at a local convenience store. You make $10.20/hour. They will only give you 20 hours a week. Calculate your gross pay.

a)

$408

b)

$200

c)

$1,428

d)

$204

7.
What is overtime pay?
a)
hours you work because you want them
b)
hours that you work after your regular hours
c)
money hours
8.

An employee earns overtime, or time and a half, if they work 41 hours a week.

a)

Yes

b)

No

c)

Only if they ask.

9.

An overtime rate that pays two times the hourly rate.

a)

Time and a Half Overtime

b)

Hourly Rate

c)

Double-Time Pay

10.

What do I multiply to find the time and a half rate?

a)

Overtime rate and 2

b)

Regular hourly rate and 1.5

c)

Regular hourly rate and 2

d)

Regular wages and 1.5

11.

What is the time and a half rate for $34?

a)

$51

b)

$52

c)

$34

12.

Sarah works 30 hours a week and earns $20 per hour. Any time over 30 hours is overtime and she earns double time ($20 x 2). This week she worked 40 hours. Calculate her gross pay.

a)

$600

b)

$1,000

c)

$1,200

d)

$800

13.
Alice worked 52 hours this week. She gets paid $9.35 per hour for the first 40 hours and then gets time-and-a-half for the rest of the time. How much money did she make this week?
a)
$484.64
b)
$374.00
c)
$388.03
d)
$542.30
14.

DeVonte earns a regular hourly pay of $17.00. Working overtime he gets time and a half. What is DeVonte's total pay if he works 40 hours, plus 6 hours of overtime?

a)

$153.00

b)

$680.00

c)

$782.00

d)

$833.00

15.
Compute the sales commission:
Amount $4,500.00
Rate 5%
a)
$225.00
b)
$250.00
c)
$125.00
d)
$230.00
16.
Compute the sales commission:
Amount $48,000.00
Rate 3%
a)
$1400.00
b)
$1440.00
c)
$1500.00
d)
$1430.00
17.

A sales person earns 11% commission on all sales. How much commission will they earn if they sell $3,025 worth of merchandise?

a)

$3,327.50

b)

$3, 000

c)

$332.75

d)

$33.28

18.

Randy gets fixed salary of $2000 per month and a commission of 2% on sales. If his total sales are $30,000 for the month, find his total salary for the month.

a)

$2,600

b)

$2,000

c)

$32,000

d)

$2,040

19.

Robert earns a weekly salary of $350 plus a 7% commission on sales. Last week, his sales totaled $3200. What was his TOTAL pay?


commission + salary = total pay

a)

$24.50

b)

$224

c)

$574

d)

$248.50

20.

*A little more challenging*

A salesperson made $890.50 selling $6850 worth of electronic equipment. Find the commission rate.

a)

13%

b)

75%

c)

8.905%

d)

6.850%