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Earning Money

We estimate MS11-EM is worth about 3 marks out of 100 under the new Mathematics Standard 2 syllabus. Practise 9 exam-style questions (multi-part, numerical answer, multiple choice) with instant marking and a worked solution for every question.

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Example 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 incomeTax on this income
0 – $18 200Nil
$18 201 – $45 00016c 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.

Example 3 · 3 marks · multi-part

Use this tax table (rates for an illustrative year).

Taxable incomeTax on this income
$0 – $18 200Nil
$18 201 – $45 00016c for each $1 over $18 200
$45 001 – $135 000$4288 plus 30c for each $1 over $45 000

Jordan's taxable income is $68 500. The Medicare levy is 2% of taxable income. During the year, $15 500 tax was withheld from Jordan's pay (PAYG).

Answers and worked solutions appear when you practise these questions.

Other Mathematics Standard 2 topics