CONSUMER MATH WORD PROBLEMS WORKSHEET

Problem 1 :

Michelle is paid $8.40 per hour and time-and-a-half for overtime. If a normal day's work is 7 hours, how much would she be paid for 10 hours work in one day?

Solution

Problem 2 :

Jake receives a holiday loading of 17 1/2% on four week's normal pay. If he works 37 hours in a normal week and is paid $9.20 per hour, how much money does he receive as his holiday loading?

Solution

Problem 3 :

In a week, a saleswomen sells $6000 worth of equipment. If she is paid $150 plus 10% commission on sales in excess of $4000, how much does she earn?

Solution

Problem 4 :

A waiter works from 5:00 pm till 1.30 am four days in one week. His hourly rate of pay is $14.65 and he gets an average of $9.20 as tips per working night. Find his income for the week.

Solution

Problem 5 :

Find the net pay for the week if Saransh earns $420.80, is taxed $128.80, pays $42.19 for superannuation and his miscellaneous deductions total $76.34. What percentage of his gross pay did he pay in tax?

Solution

Problem 6 :

Find the tax payable on a taxable income of $40180 if the tax is $2380 plus 30 cents for each $1 in excess of $20000.

Solution

Problem 7 :

James received a salary of $18300 and from investment an income of $496. His total tax deductions were $3050. What is his taxable income?

Solution

Problem 8 :

Tom's taxable income for the tear was $13860. Find the tax which must be paid if it is 17 cents for each $1 in excess of $6000.

Solution

Look at the picture below. What is the value of each of the following.

Problem 1 :

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Problem 2 :

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Problem 3 :

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Problem 4 :

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Problem 5 :

A shop keeper gives 10% discount on all items. If discounted price of the radio is $1620, find the original price of the radio ?

Solution

Problem 6 :

A shopkeeper buys 5 dinning tables for $55000. If he sells them for a profit of 20%, find the selling price of one dinning table ?

Solution