Earning money - Salaries.
Test Yourself 1.
Salary per time period. | A person earns a salary of $60,000 p.a.
She wishes to compare her rate of earning with the rates received by some of her friends. Calculate her:
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Salary increases. | 5. Roger has been promoted at his work place. He now receives an additional $75 per fortnight which makes his new salary level at $1125 per fortnight. What is the percentage increase in Roger's fortnightly salary? |
Annual leave loading | 10. Amy earns a yearly salary of $82,000 and has $2,500 in deductions. The holiday leave loading is 17½% for her 4 weeks leave. How much does Amy receive in total when she takes a 4 week holiday? Answer.Amy receives $6,307.69 + $1,103.85 = $7,411.54. |
Ahmed receives a salary of $45,000 p.a. He wishes to take one week leave. How much holiday leave loading will he receive? Answer.Ahmed receives $151.44. |
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