topic badge

7.06 Deductions and net pay

Interactive practice questions

For a gross income of $\$57000$$57000, calculate the net income when:

a

Tax is $\$13100$$13100 and voluntary superannuation is $\$2700$$2700.

b

Tax is $\$13000$$13000, voluntary superannuation is $\$3600$$3600 and health insurance is $\$3300$$3300.

c

Tax is $\$14500$$14500, health insurance is $\$10300$$10300 and union fees are $\$560$$560.

Easy
3min

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

Christa earns $\$2563.65$$2563.65 every two weeks and has the following deductions from her gross wage: tax at $\$559.17$$559.17, superannuation at $\$79$$79 and union fees at $\$22.47$$22.47.

Easy
3min

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

Easy
< 1min
Sign up to access Practice Questions
Get full access to our content with a Mathspace account

Outcomes

MS11-5

models relevant financial situations using appropriate tools

What is Mathspace

About Mathspace