$Amelia$ earns a gross annual salary of $\$34500$$34500. She wants to put aside equal monthly amounts towards starting her own business. If she must pay income tax of $24%$24% and other expenses adding up to $\$19650$$19650 per annum, how much does she have left to set aside each month? Give your answer correct to the nearest $cent$ .

Medium

3min

If tax is stated as being $15.9$15.9 $cents$ in the $dollar$ , what percentage tax is this?

Easy

< 1min

For a gross income of $\$52000$$52000, calculate the net income when:

Easy

2min

$Bill$ earns $\$843.50$$843.50 per week and has the following deductions from his gross wage: Tax $\$253.05$$253.05, superannuation $\$85$$85 and union fees $\$25.61$$25.61.

Easy

1min

Outcomes

1.1.6

choose and use addition, subtraction, multiplication and division, or combinations of these operations, to solve practical problems

1.1.9

evaluate fractions and decimals of quantities to the required number of decimal places; for example, 3/4 of 250 ml, 0.4 of 3kg

1.1.12

use a calculator appropriately and efficiently for multi-step calculations

1.1.13

calculate a percentage of a given amount, using mental/written strategies or technology when appropriate

1.1.14

determine one amount expressed as a percentage of another

1.1.15

apply percentage increases and decreases in situations, for example, mark-ups and discounts and GST

2.08 Tax

Interactive practice questions

Outcomes

1.1.6

1.1.9

1.1.12

1.1.13

1.1.14

1.1.15

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