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1.5 Salary (Business math)

Total questions: 9

Worksheet time: 9mins

Name
Class
Date
1.

What does salary mean?

a)

The amount of money you earn in a year

b)

When you are paid a fixed amount of money

on a regular basis

c)

When you are paid on a regular basis

2.

If you are paid weekly, how may pay periods per year is that?

a)

52

b)

26

c)

24

d)

12

3.

If you are paid biweekly, how may pay periods per year is that?

a)

52

b)

26

c)

24

d)

12

4.

If you are paid semimonthly, how may pay periods per year is that?

a)

52

b)

26

c)

24

d)

12

5.

If you are paid monthly, how may pay periods per year is that?

a)

52

b)

26

c)

24

d)

12

6.

What is the formula to calculate salary per pay period?

a)

annual salary / number of pay periods per year

b)

number of pay periods per year / annual salary

c)

salary per pay period x number of pay periods per year

d)

salary per pay period / number of pay periods per year

7.

What is the formula to calculate annual salary?

a)

annual salary / number of pay periods per year

b)

number of pay periods per year / annual salary

c)

salary per pay period x number of pay periods per year

d)

salary per pay period / number of pay periods per year

8.

What is the annual salary for Penny if she earns $1,265 weekly?

a)

$12,650

b)

$63,250

c)

$32,890

d)

$65,780

9.

What is the annual salary if Dane earns $1500 biweekly?

a)

$18,000

b)

$36,000

c)

$39,000

d)

$42,000