Answer:
Jose Ramirez worked 38 hours last week at a pay rate of $7.25 per hour. What was his gross pay?
- Jose Ramirez's gross pay = 38 hours x $7.25 per hour = $275.50
Bill Green, a storm-door salesman, sold $5,000 worth of doors and received a commission of $400. What was his rate of commission?
- Bill Green's commission rate = $400 / $5,000 = 8%
With a base salary of $250 and a commission of 4% of all sales, compute Cindy Nelson’s salary for the following weeks:
Week Base Salary Sales Commission Total Salary
1 $250.00 $890.00 $1,140.00
2 $250.00 $1,126.00 $1,376.00
3 $250.00 $975.00 $1,225.00
4 $250.00 $824.00 $1,074.00
If I work 45 hours my salary will be
- = (40 x $7.25) + (5 x $7.25 x 1.5) + ($800 x 2%) = $290 + $54.38 + $16 = $360.38
Your paycheck lists $324.25 as your gross earnings. Is that correct?
Arlene Grossman earns $235 per week. Her federal income tax is $36.00. Her FICA tax is 6.2%. Arlene is also subject to a 3% state income tax and a 1% city tax. What’s her net pay?
- = $235 - $36 - ($235 x 6.2%) - ($235 x 3%) - ($235 x 1%) = $175.03
Will Brown, who pays weekly union dues of $3.00, earns $289 per week. His federal income tax is $39.13 and his FICA tax is 6.2%. He pays a 4% state income tax, a $15.00 annual city tax, and 2% of his pay to his retirement fund. What’s his net income for the week he pays the city tax?
- = $289 - ($289 x 2%) - $39.13 - ($289 x 6.2%) - [($289 x 98%) x 4%] - $3 - $15 = $289 - $5.78 - $39.13 - $17.92 - $11.33 - $3 - $15 = $196.84
