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Earning an Income Review

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					                      Question #1
Tex starts work at 1:40 PM and gets off
  work at 7:25 PM. If he has no breaks,
  how many hours does he work for?
   5 hours (1:40 to 6:40)
   45 minutes (20 minutes from 6:40 to 7, 25 minutes from 7:00 to 7:25)
                     Question #2
Convert 6 hours and 39 minutes into
 decimal hours

   39 ÷ 60 = 0.65
                    6.65 hours
                      Question #3
George earns $26 per hour. If he works 25 hours,
 how much does he earn?


    25 x $26 = $650
                     Question #4
One week Suzy earns $2524.50 and Joe earns
 $3000. If Joe worked 40 hours and Suzy
 worked 34 hours, who earns more per hour?

   Joe worked 40 hours and earned 3000, 3000 ÷ 40 = 75/hr
   Suzy worked 34 hours and earned 2524.50. 2524.50 ÷ 34 = 74.25/hr
               Question #5
Betty gets paid $23.50 per hour. What is her
  overtime rate?

                  $23.50 x 1.5 = $35.25
                    Question #6
Jane earns a 3% commission on all houses she
  sells. She sells a house for $123,000. How
  much commission does she earn?

   123000 x 3 = 346000
                   ÷ 100 = $3460
                    Question #7
Jim installs software on a company’s computers
  for $15 per computer. If he earns $1440, how
  many computers did he install software on?

   1440 ÷ 15 = 96
                      Question #8
Misha plants trees for 8 cents a tree, if he plants
 4526 trees in a day, how much does he earn?


    4526 x $0.08 = 362.08
                      Question #9
Sara gets paid $10/hr and earns tips on top of
  this. If she works a 6 hour shift where her
  customers bills totaled $960 and on average
  they left 12% tips. How much did Sara earn?
    Wages: 6 x $10 = $60
    Tips: $960 x 12 = $11520
                      ÷100 = $115.20
    Total: 60 + 115.20 = $175.20
                   Question #10
Jim gets paid $1800 semi-monthly, how much he
  earn weekly?


   Semi-monthly means 2 times a month
   $1800 x 2 = $3600 a month
   $3600 x 12 = $43200 a year
   $43200 ÷ 52 = $830.77 per week
                   Question #11
Kat earns $2500 per month. If she pays union
  dues of $400 per month what is her monthly
  taxable income?

   2500 – 400 = 2100
                   Question #12
Jane earns $600 weekly and has $50.85
  deducted in Federal Tax. What percentage of
  her gross earnings is this?

   50.85 ÷ 600 = 0.0848
                    x 100 = 8.48%
                    Question #13
Brian earns $23 per hour. He works 40 hours
  per week. What is his annual gross pay?


   23 x 40 = $920 per week
   $920 x 52 = $47,840 per year
                    Question #14
Ben takes a contract to paint a house, he will be
  paid $1500 for the job, and he must provide
  all the supplies. If Ben spends $400 in paint,
  and $150 on other supplies, and he works on
  the job for 45 hours. How much per hour is
  he earning?
     Total earnings from job are 1500 – 400 – 150 = $950
     $950 in 45 hours: 950 ÷ 45 = $21.11 per hour
                   Question #15
If 5 pounds of apples costs $10.25. How much
   would you pay for 7 pounds?




     7 x 10.25 = 71.75 ÷ 5 = $14.35
                   Question #16
A hat normally sells for $205 but is on sale, 20%
  off. What is the sale price?




     20% of 205: 205 x 20 = $4100 ÷ 100 = $41
     205 – 41 = $164
                     Question #17
A TV normally costs $1496, but is on sale for
  $1000. What percentage saving is this?

    Amount changed: 1496 – 1000 = 496
    Percent change: 496 ÷ 1496 = 0.332 x 100 = 33.2% off
                    Question #18
Joe works as a waiter, his customers bills total
  $650 and he earns $102 in tips. What percent
  did each customer tip (on average)?

   102 ÷ 650 = 0.157 x 100 = 15.7%
               Question #19
A painter uses a mixture of 2 L yellow paint and
  3 L blue paint to get a certain shade of green.
  How much yellow would he mix with 2 L of
  blue to make that same shade?

                   2 x 2 = 4 ÷ 3 = 1.33 L of yellow
                  Question #20
A Euro is worth $1.29 Canadian, how much is
  $2500 worth in Euros?
     2500 ÷ 1.29 = 1937.98 Euros

				
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