Quiz about Financial Math Chapter 1 Test

Question 1

Spencer James earns $16.25/hour. What is his pay if he works 40 hours?

Accepted Answer

$650.00

Answer

$800.00

Answer

$700.00

Answer

$600.00

Question 2

Jordan Baker worked 38 hours this week. He is paid $22.75/hour. How much did he earn?

Accepted Answer

$864.50

Answer

$900.50

Answer

$750.25

Answer

$800.00

Question 3

Sugar gets paid $19.45/hour and worked 31 hours last week. What was her straight time pay?

Accepted Answer

$602.95

Answer

$500.00

Answer

$620.50

Answer

$450.75

Question 4

Juan's regular hourly rate is $18. If he works overtime, he receives time and a half. What is his overtime RATE?

Accepted Answer

$27

Answer

$20

Answer

$30

Answer

$24

Question 5

Lenny's normal hourly rate is $26.75/hour. When he works overtime he gets triple pay. What is his overtime RATE?

Accepted Answer

$80.25/hour

Answer

$53.50/hour

Answer

$72.00/hour

Answer

$60.75/hour

Question 6

Ashley earns $16/hour. She regularly works 40/week. What is her total pay if she also worked 12 overtime hours at time and a half. (52 Hours Total: 40 Normal hours; 12 at Overtime)

Accepted Answer

$928

Answer

$800

Answer

$960

Answer

$1,024

Question 7

Uriah earns $24/hour. He regularly works 40 hours per week. When he works overtime, he earns double the hourly rate. What is his total pay if he works 13 overtime hours? (53 Total Hours: 40 Regular Pay, 13 Overtime)

Accepted Answer

$1584

Answer

$1800

Answer

$1440

Answer

$1200

Question 8

Maggie gets paid $1.25 for every keychain she makes. She made 88 keychains. How much did Maggie earn?

Accepted Answer

110.00

Answer

$75.00

Answer

$100.00

Answer

$120.00

Question 9

Yerbua earns $0.85 for every envelope she stuffs. She stuffed 535 envelopes. How much did she earn?

Accepted Answer

454.75

Answer

$400.00

Answer

$500.50

Answer

$300.25

Question 10

Sammy earns $1.75 for every pot holder she crochets. She crocheted 67 pot holders last month. How much did she earn?

Accepted Answer

$117.25

Answer

$75.00

Answer

$150.00

Answer

$100.50

Question 11

Eiggam earns $1.65 for each of the first 125 circuit boards she assembles, and $2.15 for every circuit board over 125. Eiggam assembled 420 circuit boards. How much did she earn? (2 Parts)

Accepted Answer

$840.50

Answer

$500.00

Answer

$1,200.00

Answer

$750.25

Question 12

Madden gets paid $7 for every window she washes for the first 35 windows, and $11 for every window over 35 windows. Madden washed 54 windows. How much did she earn? (2 Parts)

Accepted Answer

454

Answer

385

Answer

420

Answer

500

Question 13

Bobby Ray is a door-to-door meat salesman. He earns 18% commission of his sales. He sold $2850 worth of meat last month. How much did he earn?

Accepted Answer

$513

Answer

$450

Answer

$600

Answer

$375

Question 14

Shondra sells homes and receives 14% commission of her home sales. Last week she sold a home for $355,000. What was her commission on the sale?

Accepted Answer

$49,700

Answer

$60,000

Answer

$50,000

Answer

$45,000

Question 15

Aubrey works at clothing store and earns 23% commission of her clothing sales. Last month she sold $5200 of clothing. How much did she earn?

Accepted Answer

$1196

Answer

$1040

Answer

$1300

Answer

$800

Question 16

Asher Adams is an encyclopedia salesman. He earns 15% commission for the first $1400 in sales and 20% of the balance of his sales. Last month he sold $2500 in encyclopedias. How much did he earn? (2 parts)

Accepted Answer

$430

Answer

$600

Answer

$500

Answer

$350

Question 17

Alivia Baker sales make-up. She earns 13% commission of the first $600 in sales and 21% commission of the balance of her sales. Last month she sold $1800 worth of make-up. How much did she earn? (2 Parts)

Accepted Answer

$330

Answer

$250

Answer

$400

Answer

$180

Question 18

Brynlee earns 26% royalties on her music sales. Last year, she had $125,000 in sales. How much did she earn?

Accepted Answer

$32,500

Answer

$25,000

Answer

$15,000

Answer

$40,000

Question 19

Brendan wrote a textbook and earns 18% royalties on total book sales. He had $188,000 in book sales last year. How much did he earn?

Accepted Answer

$33,840

Answer

$22,440

Answer

$40,000

Answer

$28,560

Question 20

Laney writes a novel that costs $15.95 per book and she sold 85,000 copies. Laney earns 22% royalties on total sales. How much did she earn?

Accepted Answer

$298,265

Answer

$150,000

Answer

$320,000

Answer

$250,000

Question 21

Annie earns $825 per week. What is his annual salary? (52 weeks in a year. Use Multiplication)

Accepted Answer

$42900

Answer

$40000

Answer

$45000

Answer

$50000

Question 22

Liandra earns $1350 per month. What is her annual salary? (12 months in a year. Use multiplication)

Accepted Answer

$16200

Answer

$18000

Answer

$15000

Answer

$12000

Question 23

Danika earns $85,000 per year. What is her monthly salary? (12 months in a year)

Accepted Answer

$7,083.33

Answer

$7,500.00

Answer

$8,000.00

Answer

$6,500.00

Question 24

Don earns $135,000 per year. What is his semi-monthly salary? (Think: semi-monthly means twice a month. Use Division)

Accepted Answer

$5,625

Answer

$7,000

Answer

$4,500

Answer

$6,250

Question 25

Mason earns $115,000 annually. What is his bi-weekly pay? (Biweekly is 26. Use division)

Accepted Answer

$4,423.08

Answer

$4,000.00

Answer

$3,500.00

Answer

$5,000.00

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