Income Calculation Worksheet
A Grade 7 math worksheet focusing on various aspects of income calculation, including hourly wages, salaries, commissions, and deductions.
Includes
Standards
Topics
Income Calculation
Name:
Date:
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Read each question carefully and provide your answers in the space provided. Show all your work for calculations.
1. Sarah works at a local grocery store and earns $12.50 per hour. If she works 25 hours this week, how much will she earn before deductions?
2. Mr. Henderson has a yearly salary of $48,000. To find his monthly salary, you would divide $48,000 by . His monthly salary is .
3. A salesperson earns a 10% commission on all sales. If they sell $1,500 worth of products, how much commission do they earn?
$100
$150
$1,400
$1,650
4. Mark earns $800 bi-weekly. His total deductions for taxes and insurance are $120. What is his net pay for two weeks?
5. Gross pay is the amount of money an employee takes home after all deductions.
True
False
6. Emily works 40 hours per week at $15 per hour. She also earns a monthly bonus of $200. What is her total monthly income?