Money Matters
MS-F1 is worth about 6 marks out of 100 in recent HSC Mathematics Standard 2 papers. Practise 8 exam-style questions (multi-part, multiple choice, numerical answer) with instant marking and a worked solution for every question.
START PRACTISINGExample questions
Example 1 · 2 marks · numerical answer
Sam earns $28.40 per hour for a 38-hour week, and time-and-a-half for overtime. Last week he worked 44 hours. Find his gross pay.
Example 2 · 3 marks · multi-part
Use the tax table below (rates for a past financial year).
| Taxable income | Tax on this income |
|---|---|
| 0 – $18 200 | Nil |
| $18 201 – $45 000 | 16c for each $1 over $18 200 |
| $45 001 – $135 000 | $4288 plus 30c for each $1 over $45 000 |
| $135 001 – $190 000 | $31 288 plus 37c for each $1 over $135 000 |
| $190 001 and over | $51 638 plus 45c for each $1 over $190 000 |
Ella's taxable income is $72,500.
Answers and worked solutions appear when you practise these questions.
Other Mathematics Standard 2 topics
- MS-M1Applications of Measurement
- MS-M2Working with Time
- MS-M6Non-right-angled Trigonometry
- MS-M7Rates and Ratios
- MS-F4Investments and Loans
- MS-F5Annuities
- MS-S1Data Analysis
- MS-S2Relative Frequency and Probability
- MS-S4Bivariate Data Analysis
- MS-S5The Normal Distribution
- MS-A1Formulae and Equations
- MS-A2Linear Relationships
- MS-A4Types of Relationships
- MS-N2Network Concepts
- MS-N3Critical Path Analysis