Business Math Midterm

Business Math Midterm

Assessment

Flashcard

Business

12th Grade

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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47 questions

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1.

FLASHCARD QUESTION

Front

Net Pay is...

Back

pay you get after deductions

2.

FLASHCARD QUESTION

Front

If Susan worked 52 hours this week, how many hours did she work OVERTIME?

Back

12

3.

FLASHCARD QUESTION

Front

What is the RATE used to calculate overtime?

Back

1.5 times

4.

FLASHCARD QUESTION

Front

Joe worked 35 hours this week and earned $17.25 per hour. What is Joe's GROSS PAY?

Back

$603.75

5.

FLASHCARD QUESTION

Front

What percent is used to calculate the Social Security deduction?

Back

6.2%

6.

FLASHCARD QUESTION

Front

What percent is used to calculate the Medicare deduction?

Back

1.45%

7.

FLASHCARD QUESTION

Front

Eli earns an 8% commission on his sales of $75,680. What is his commission?

Back

$6,054.40

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