Dr. J's Maths.com
Where the techniques of Maths
are explained in simple terms.

Financial Maths - Earning money - Wages & Allowances.
Test Yourself 1.


 

Hourly rates. 1. Will worked the following shifts during one week:

Monday: 5 hours.

Tuesday: 3 hours:

Thursday: 4 hours.

He received $12.50 per hour.

What was his gross pay for the week?

Answer.Gross pay: $150.
  2. Hailey has a 5 hour shift in the local coffee shop and earns $18 per hour. She is a good worker and gives good customer service. The manager therefore increases Hailey's hourly rate by 5%.

How much extra will Hailey now earn for her shift?

Answer.An extra $4.50.
  3. Kris' normal pay is $12.60 per hour. Find his gross weekly wage if he worked 35 hours at the normal rate, 5 hours at "time and a half" and 2.5 hours at double time.
Answer.Gross pay = $598.50.
  4. The following information was provided on the payslip for a particular employee:

Period: 3 May 2021 - 9 May 2021.

Normal
Hours		 Time and
a half		 Double
time
18 8 6
Hourly rate:  
Total pay $764.40
What was the hourly rate for this employee?

Answer.Hourly rate is $18.20.
  5.
Penalty rates. 6.
 

7. Ian’s normal rate of pay is $22.25 per hour.

In one week, Ian worked 18 hours at the
normal rate, 6 hours at time-and-a-half and 2½ hours at double time.

He was also paid a wet weather allowance of $65 for the week.

What were his total earnings for the week?
  8.
  9.
  10.
Annual leave loading 11.
  12.
  13.
  14.