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General Maths Week 2 Quiz Consumer Arithmetic 1b

Total questions: 10

Worksheet time: 2mins

Name
Class
Date
1.

"Per annum" means

a)

per month

b)

per week

c)

per year

d)

per day

2.

Payment as a percentage of goods sold is an example of

a)

Piecework

b)

Salary

c)

Wage

d)

Commission

3.

What percent is the GST in Australia?

(a)  

4.

What is the GST payable on a book with an original price of $77?

a)

$7

b)

$7.70

c)

77 cents

d)

There's no GST on books!

5.

The GST was introduced in 2000 by which Prime Minister?

a)

Scott Morrison

b)

Malcolm Turnbull

c)

John Howard

d)

Kevin Rudd

6.

An iPhone 12 sells for $1320. How much GST is included in this price?

(a)  

7.

An amount paid to an employee at a certain rate is called a

a)

wage

b)

salary

c)

piecework

d)

commission

8.

A salary is

a)

payment for number of items produced

b)

a percentage of items sold

c)

a fixed income that is based on a fixed number of working hours

d)

a long green vegetable used in a Waldorf salad

9.

How many fortnights are in a year?

(a)  

10.

If I earn less than $18200 per annum, how much tax do I pay (if I'm an Australian resident for tax purposes)?

a)

You pay no tax as the amount is under the tax free threshold.

b)

You would pay only 2% Medicare levy.

c)

It depends if you have claimed the tax free threshold for this job.

d)

19% tax