Lesson 1: Earning Money — Wages, Salaries and Awards

Year 10 Mathematics Unit 1 — Block A | Worksheet



Multiple Choice

Q1. A casual worker earns $24.50 per hour. How much do they earn for a 7.5-hour shift?

A) $183.75 B) $171.50 C) $196.00 D) $147.00

Q2. Mia earns a salary of $78,400 per year. What is her fortnightly pay before tax?

A) $1,507.69 B) $3,015.38 C) $6,533.33 D) $1,600.00

Q3. A part-time employee works 24 hours per week at $26.80 per hour. What is their annual gross income?

A) $33,446.40 B) $643.20 C) $16,723.20 D) $28,080.00

Q4. Which payslip component is NOT deducted from gross pay?

A) PAYG tax B) Superannuation guarantee C) Medicare levy D) Union fees

Q5. Two jobs offer the same annual salary of $65,000. Job A pays monthly. Job B pays fortnightly. Which statement is true?

A) Job A pays more per year B) Job B pays more per year C) Both pay the same total, but Job B has higher individual payments D) Both pay the same total, with different payment frequencies

Short Answer

Q6. Tom earns $32.40 per hour for a standard 38-hour week. He also works 3 hours at time-and-a-half on Saturday. Calculate his gross weekly pay. (2 marks)

Q7. A sales representative earns a base salary of $45,000 plus 3.5% commission on sales. Last year their sales totalled $280,000. Calculate their total annual earnings. (3 marks)

Q8. Explain the difference between a wage and a salary, and describe one advantage of each payment method from both the employee and employer perspective. (3 marks)

Key Formulas