Consumer Arithmetic - Personal Finance 1

Fiona is a waitress who earns $19.50 per hour. She works for 9 hours every day in a week, how much does Fiona make in a week?

• $1156.75

• $1228.50

• $1456.00

• $1553.

Samuel works as a pharmacist 6 days a week and 7.5 hours a day. He earns $1300 every week. How much does he earn per hour?

• $27.33

• $30.12

• $28.89

• $31.34

Kevin’s annual salary is $43200, which will increase by 2.5% at the end of the first year. Once it increases at the end of the first year, it will also increase by an additional 3% at the end of the 2nd year. How much is Kevin’s annual salary at the end of his second year of work?

• $42456.32

• $43280.00

• $44613.31

• $45608.40

Frank works as a nurse in a hospital, he is paid $23.50 hourly and works 10 hours daily where 5 of them are paid normally and the other 5 overtime at time-and-a-half. How much does Frank earn each day?

• $235.00

• $293.75

• $312.25

• $332.15

Dara sells craft supplies to fabric stores. She is paid $680 a week and a commission of 4.75% on sales in excess of $500. How much does Dara make in a week if she makes sales worth $966?

• $702.14

• $662.34

• $488.65

• $562.98

Arthur delivers catalogues to people’s mailboxes. He earns $0.20 for each catalogue he delivers plus a flat fee of $24.50. If he earned $79.50 during his weekend delivery route, how many catalogues did Arthur deliver?

• 275

• 300

• 310

• 315

Which of the following could be eligible to receive Youth Allowance? (Select all that apply?

• Maree, who is 19 years old and looking for full-time work

• William, who is 26 years old and is studying full-time

• Mingzi, who is 15 years old and studying full-time

• Nicholas, who is 17 years old and undertaking a full-time Australian apprenticeship

A robber ran away with a bag of necklaces, each being worth $175. Once the police came, the owners stated that $6300 worth of necklaces were stolen, how many necklaces did the robber steal?

• 47

• 49

• 39

• 36

Three different brands of gift wrap are sold in a store. Brand A contains 10 metres of gift wrap and costs $12, brand B contains 12 metres of gift wrap and costs $15, and brand C contains 20 metres of gift wrap and costs $20. Putting the brands in order from cheapest to most expensive per metre we get:

• A, B, C

• B, A, C

• C, B, A

• C, A, B

Adam has the following bills: electricity $250 per quarter, phone $70 per month, petrol $1200 per year and rent $300 per week. What is the total amount Adam should budget for the year?

• $358

• $720

• $6640

• $18 640