WorksheetsFunctional Math: Life Skills 2
Total questions: 14
Worksheet time: 37mins
What is the main difference between gross pay and net pay?
Gross pay is your income after taxes, while net pay is before taxes.
Gross pay includes your total earnings before any deductions, while net pay is what you receive after deductions.
Gross pay is calculated weekly, while net pay is calculated monthly.
There is no difference; both terms mean the same thing.
If Aiden Swieneski works 35 hours a week and earn $15 per hour, how much is his gross pay for the week?
$525
$450
$550
$500
Even as a teenager, why is it important to set financial goals?
To ensure you can buy everything you want.
To plan for future financial needs and track spending.
To make sure you work every day.
To impress others with your money management skills.
What is a budget?
A plan for spending money on entertainment only.
A list of friends to borrow money from.
A plan for spending, saving, and managing money.
A record of past purchases.
If Julia buys Sox tickets that cost $120 and the sales tax rate is 8%, how much does Julz have to pay in sales tax?
$9.60
$10.00
$9.80
$9.40
What is the primary difference between a debit card and a credit card?
A debit card allows you to borrow money, while a credit card uses money from your bank account.
A debit card uses money directly from your bank account, while a credit card allows you to borrow money from the card issuer.
There is no difference; both cards do the same thing.
A debit card has no spending limit, while a credit card has a fixed limit.
Ben wants to save $200 to buy Dungeons and Dragons games for him and his friends in 4 months. How much should Ben save each month?
$40
$50
$60
$70
If Sara's preppy lattes at Starbucks costs $28 and she want to leave a 15% tip, how much is the tip?
$4.20
$4.00
$4.50
$4.30
What does it mean to balance a budget?
To spend more than you earn.
To earn more than you spend.
To ensure your expenses do not exceed your income.
To borrow money to cover deficits.
When Kenzie is not being a pirate, she earns $10 per hour and works 6 hours a day. If she works 5 days a week, what is her weekly income?
$200
$300
$400
$500
How much money will Sawyer have left if he starts with $150 and spends $45 on baseball equipment and $30 on groceries?
$75
$85
$65
$95
If Chef Pare receives a 10% raise on his current salary of $500 per week, what will his new weekly salary be?
$550
$525
$600
$575
Officer Chaput arrested Endo Bendo for stealing 5 FNAF games, totaling $160. How much was each game?
$30
$32
$40
$42
Who wins in a game of basketball: Mr. Rush or Wilkin?
Mr. Rush
Wilkin
