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Worksheets

Housing Budgets and Wages

Total questions: 20

Worksheet time: 26mins

Name
Class
Date
1.

Kimo is 23 years old. He works 2 jobs and makes $3,500/month. He wants to spend 30% of his income on rent. How much is his rent budget?

a)

$875/mo.

b)

$785/mo.

c)

$1,050/mo.

d)

$1275/mo.

2.

Kimo is 23 years old. He works 2 jobs and makes $3,500/month. He wants to spend 5% of his income on utilities. How much is his utilities budget?

a)

$175/mo.

b)

$350/mo.

c)

$125/mo.

d)

$150/mo

3.

Kimo is 23 years old. He works 2 jobs and makes $3,500/month. He wants to spend 6% of his income on internet and phone. How much is his internet and phone budget?

a)

$120/mo

b)

$210/mo.

c)

$150/mo.

d)

$350/mo.

4.

Kai'a wants to rent a house with a big kitchen and living room. Kai'a has a good job. She makes $55,800.00/year. She wants to spend 30% of her income on rent. Her budget is 4% for utilities and 7% for her internet and phone.

**How much does she earn per month? (Hint: 12 months in a year.)

a)

$1,073/mo

b)

$107.30/wk.

c)

$465/mo.

d)

$4650/mo.

5.

Kai'a wants to rent a house with a big kitchen and living room. Kai'a has a good job. She makes $55,800.00/year. She wants to spend 30% of her income on rent. Her budget is 4% for utilities and 7% for her internet and phone.

**How much does she want to spend on rent per month?

a)

$1395/mo.

b)

$139.50/mo

c)

$16,740/mo.

d)

$1,674/mo.

6.

Kai'a wants to rent a house with a big kitchen and living room. Kai'a has a good job. She makes $55,800.00/year. She wants to spend 30% of her income on rent. Her budget is 4% for utilities and 7% for her internet and phone.

**How much does she want to spend on utilities?

a)

$15/mo

b)

$1860/mo.

c)

$186/mo.

d)

$195/mo.

7.

Kai'a wants to rent a house with a big kitchen and living room. Kai'a has a good job. She makes $55,800.00/year. She wants to spend 30% of her income on rent. Her budget is 4% for utilities and 7% for her internet and phone.

**How much does she want to spend on internet and phone?

a)

$275/mo.

b)

$325.50/mo.

c)

$410/mo.

d)

$3500/mo.

8.

Jose's annual salary is $45,288. How much does he earn per month?

a)

$870.92/mo

b)

$4528.80/mo

c)

$377.40/mo.

d)

$3774/mo.

9.

Jose's annual salary is $45,288. How much does he earn per week? (52 weeks in a year)

a)

$3774/wk.

b)

$8,709.20/wk.

c)

$870.92/wk.

d)

$1K

10.

If Kai earns $18.75/hr and he works 40 hrs. what is his gross pay?

a)

$1.5K

b)

$678.50

c)

$425.95

d)

$768.50

11.
A customer service representative earns $13 an hour, and he works 52 hours a week. What is his weekly wage?
a)
$676
b)
$364
c)
$91
d)
$65
12.
Luke earned a salary of $48,048 last year.
How much did he earn a month?
a)
$572
b)
$924
c)
$4004
d)
$6864
13.

If Cameron makes $24,000 per year, how much money does he make each month?

a)

$2,400.00

b)

$12,000.00

c)

$2,000.00

d)

$461.54

14.

Gross pay is _________________________.

a)

money that has old yogurt and rotten tomatoes all over it.

b)

the amount of your paycheck after taxes and insurance.

c)

your pay before any deductions have been taken out.

d)

your annual salary.

15.

Net pay is ____________________________

a)

the amount of money your make playing basketball.

b)

the amount of money you found in Dad's fishing net.

c)

the amount of your paycheck AFTER deductions like taxes, insurance and retirement savings have been taken out.

d)

the amount of your paycheck BEFORE any deductions have been taken out.

16.

Gail earns $10.50 per hour and worked 32 hours this week. What is her weekly pay?

a)

$336.00

b)

$340.50

c)

$420.00

17.

Rodney earns $8.45 per hour. Last week he worked 38 hours. What is his weekly pay?

a)

$313.50

b)

$321.10

c)

$338.00

18.

What does annually mean?

a)

always

b)

yearly

c)

salary

d)

wages

19.
A gardener earns $15 per hour.  If he works 20 hours, how much will he earn?
a)
$300
b)
$5
c)
$240
20.

Michael works in a supermarket. He is paid $10.80 per hour.

How much will he earn if he works a 37 hour week?

a)

$399.60

b)

$400

c)

$10.80