Dh 13.62 X 40 = Dh 544.80 Dh 11.74 X 38 = Dh 446.12.

Slides:



Advertisements
Similar presentations
Higher Business Management
Advertisements

29-Apr-15Created by Mr. Lafferty Maths Dept. Wages & Salaries Annual Salaries / Weekly wages Hourly rate and Wages Wage Rises Commission.
Calculations In Everyday Contexts.
SECTION 2 WORK The reward for work GCSE ECONOMICS: UNIT 11 Part One.
S4 Credit Wages & Salaries Wages Rises Money Time-Sheets Overtime Pay Piecework & Commission Payslip National Insurance Income Tax.
Chapter 9 Time & Money. Learning Objectives  Convert 12-hr clock to 24-hr clock  Convert 24-hr clock to 12-hr clock  Work out differences between 2.
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
Calculations In Everyday Contexts.. Wage Rises Example 1. (a) The new annual wage. (b) The new monthly wage. Solution (a)The new annual wage = old wage.
1 Credit 100 Understanding Credit. 2 All About Credit  What is credit?  Credit cards Rewards Risks Terms  Interest rates  Using credit successfully.
Profit Planning Chapter 9. © The McGraw-Hill Companies, Inc., 2003 McGraw-Hill/Irwin Planning and Control Planning -- involves developing objectives and.
Commission Commission :Money earned based on how much you sell. Usual expressed as a percentage. Write some people who get commission Car sales person.
Gross and Net Pay. Gross Pay There are a variety of ways that you may be paid for a job. What are some of the different ways that you are familiar with?
 A: Make a budget: A budget makes sure you have enough money to spend and save. A budget allows you to see where your money is being spent and it helps.
RECEIVABLES & SALES CHAPTER FIVE.
Percents A Percent is a ratio that compares a number to 100. The symbol for percent is %. You can write percents as fractions and decimals. 36% as a decimal.
JEOPARDY TermsSalary, Overtime & Commission Take-Home Pay Benefits & Expenses RandomsDeductions $100 $200 $300 $400 $500 Let’s play! ***
Pre-Algebra 8.6 and 8.7 Applications of Percents.
Credit & Debit Cards Personal Finance Mrs. Brewer.
© 2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.
Income. Income Is money you receive. Or a benefit in kind you receive. It can be regular or additional.
Practice Test : Percents. Learning Target I will complete a practice test to identify my strengths and weaknesses for my PERCENTS test.
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
Unit 9 Consumer Arithmetic Presentation 1Buying Presentation 2Hire Purchases Presentation 3Earning Presentation 4Money Exchange Presentation 5Savings Presentation.
Annual Wage / Salary How much a person is paid in a year Wages & Salaries 12 months in a year 52 weeks in a year.
NS 5.1.2: Consumer Arithmetic Students learn about calculating earnings for various time periods from different sources, including: Wage  Salary  Commission.
Pay, Benefits, and Working Conditions
Annual Wage / Salary How much a person is paid in a year Wages & Salaries 12 months in a year 52 weeks in a year.
Credit. What is it? – the ability of a customer to buy goods or services before paying for them, based on an agreement to pay later. Always investigate.
 A Budget ◦ makes sure you have enough money to spend and save ◦ allows you to see where your money is being spent ◦ it helps you make sure your income.
O level Commerce Topic 3: Consumer credit REVISION NOTES
Unit 1: The Job 1.1 Hourly Pay. 1.1 HOURLY PAY What kind of jobs are hourly? What kind of jobs are hourly? What does that mean? What does that mean? You.
Unit 4 Determining Gross Earnings McGraw-Hill/Irwin Copyright © 2006 The McGraw-Hill Companies, Inc. All rights reserved.
Borrowing 1 st year Mr. Poole Business Studies. Interest Everytime we buy something in this world we have to pay a price. If we want to Borrow money from.
MS. MAH PLANNING 10: FINANCES Saving Your Money. By identifying your needs vs. wants you can potentially save your hard earned money by not spending it.
Pay Periods and Hourly Rates
Payroll Accounting Making Accounting Relevant Businesses issue payroll checks to their employees to compensate them for work performed. Making Accounting.
Percent Applications.
Splash Screen. Lesson Menu Five-Minute Check (over Lesson 7–7) Main Idea and Vocabulary Example 1:Find Interest Earned Example 2:Find Interest Earned.
1 Earning Money - Contents 1.SalarySalary 2.WagesWages 3.CommissionCommission 4.RoyaltiesRoyalties 5.PieceworkPiecework 6.OvertimeOvertime 7.Addition &
MNU 3-09b MNU 4-09b 5-Dec-15Created by Mr. Lafferty Maths Dept. Wages & Salaries Hourly Rates / Wages Wage Rises Commission Wages.
Using Math in Consumer Credit and Payroll
Starter Questions Q1. How much should I get if I work 15 hours at a rate of £7.50 per hour. Q2. Find the missing angles 94 o 60 o.
Managing Your Money Chapter 23.
Your Reward for Hard Work Your paycheck should reflect your gross income. Why is it important to know how to calculate your gross income?
Getting Paid For Your Work
PERCENTAGES 1. Percentage means parts of 100. To change a fraction or decimal to a percentage, multiply by 100. Example Write abas percentages. a b.
Copyright © 2006, The McGraw-Hill Companies, Inc.McGraw-Hill/Irwin Chapter Nine Profit Planning.
Chapter 7 Buying Decisions. Slide 2 Where Can Consumers Get Credit? Credit is the ability to borrow money and pay it back later. 7-2 Getting Started with.
Chapter 8 Beginning a New JobSucceeding in the World of Work What You Can Expect From Your Employer 8.2 SECTION OPENER / CLOSER INSERT BOOK COVER ART Section.
MEANING OF PERCENT A ratio of a number to 100 is called a percent. Percent means per hundred, and is represented by the symbol %. Any ratio with 100 as.
Understanding Credit & Using Credit Cards Personal Finance – Raymond High School.
Teens lesson seven credit presentation slides 04/09.
The Employer 25.
 Income from work- wages (paid by hour or unit of production) or salary (paid weekly, monthly, yearly)  Income from wealth- things you own- bank accounts,
© Annie Patton Expenditure Money arrives without instructions. (Eddie Hobbs Short Hands, Long Pockets Page 9) So we have a choice, what to do with our.
Cambridge University Press  G K Powers Earning and managing money Study guide 1.
4.02 All about the MONEY!. Costs Two Questions: How much money will it cost to start a business? Where will it come from? What are costs? How much money.
1.1 Hourly Pay When you get a fixed amount of money for each hour you work. Hourly rate: amount paid per hour worked. Straight-time pay: the total amount.
1 Earning money Cambridge Preliminary General Mathematics.
Profit Planning Chapter 9. © The McGraw-Hill Companies, Inc., 2003 McGraw-Hill/Irwin What is a budget? It is a detailed plan for acquiring and using financial.
Profit Planning Chapter 9
Lesson 2: Types of Income. Objectives: Identify sources of income. Identify various forms of income. Determine how the average wage or salary for different.
1. Credit and borrowing Cambridge University Press1  G K Powers 2013.
Review Game Show Fraction and %’s Finding Percents.
Paycheck Basics Personal Finance. Income Unearned Income “An individual's income derived from sources other than employment, such as:”incomesourcesemployment.
N4 LS 24-Jun-16Created by Mr. Lafferty Maths Dept. Hourly Rates / Wages Wages / Hourly Rates Income Weekly / Monthly Wages Wage Rises.
Vocabulary: allowance annual leave annual leave loading
Unit #1: Earning Income.
1. Earning and managing money
Presentation transcript:

Dh X 40 = Dh

Dh X 38 = Dh

Dh ÷ = Dh

Dh ÷ = Dh

5 % of Dh = Dh 6250

2.7 % of Dh = Dh 12420

23 % of Dh = Dh 2760

*How much would an employee earn in a week if no sales were made? ** if jane sold Dhs worth in one week, how much would she earn?

Page 15 D- Amer is paid Dhs an hour for a 35- hour week. Mustafa receives Dhs for a 38 –hour week. Who has higher weekly wage and by how much?

*Mustafa has a casual job from 4:00 pm till 5:30pm Sunday to Thursday. He also works from 9 am till 12:30 pm on fridays. Find his weekly income if his casual rate is Dh 8.80 per hour Sunday to Thursday, and Dh an hour on fridays??

*Humaid sells cars for a living. He is paid a retainer (a base wage) of Dh150 a week as well as 2 % commission on sales made. Find his income for the week, if in one week he sells cars to the value of : i- Dh 8000 ii- Dh 21500

*Rafiq has a casual job from 4:00 pm until 5:30 pm Sunday to Thursday. He also works from 9:00 am until 12:30 pm on fridays. Find his weekly income if his casual rate is Dh 9.80 per hour Sunday to Thursday, and Dh an hour on fridays.??

Overtime:- This is time worked in excess of a standard day or week. Often rates of 1 1 or 2 times the normal 2 rate of pay are paid for overtime.

Bonus:- This is money, or an equivalent, given in addition to an employee’s.

Holiday loading:- A payment calculated as a fixed percentage of the normal pay over a fixed number of weeks. It may be paid at the beginning of annual holidays to meet the increased expenses often occurring then.

Time card:- This card is used to record the number of hours worked in a week. A time clock is used to stamp the times on to the card. Therefore a worker ‘ clocks on’ in the morning and ‘ clocks off’ in the evening.

Overtime:- During one week Rafiq worked 35 hours at the normal rate of Dh per hour. He also worked 6 hours overtime: * 4 at ‘ time – and –a half’ **And 2 at ‘ double- time’. How much did he earn? 2

Overtime:- Humid earns Dh 9.60 per hour. Calculate his wages for the week if he worked 35 hours at the normal rate and 5 hours overtime at ‘ time and- a- half’ ?

Overtime:- In a gift shop a wage rate of Dh per hour is paid on the first 34 hours and ‘ time0and0a0half’ after that. What is the wage for a 42 – hour week?

Bounus:- Mr. Hamed earns a salary of Dh per year. At the end of the year he is given a bonus equal to 80% of one month’s pay. How much did he earn in the year?

Holiday loading:- Calculate Dimah’s holiday loading if she is given 17 1 % 2 of four weeks salary and she earns Dh 980 per fortnight ?

Holiday loading:- When jane was given her holiday pay she received 4 weeks pay and 17 ½ % holiday loading. If her normal wage is Dh 427 per week, how much holiday pay did she receive?

15 % of Dh 120 = Dh 18

20 % of Dh 102 = Dh 20.40

35 % of Dh 120 = Dh 42

An item has a marked price of Dh 85 in two shops. One offers a 14% discount( reduction in price ) and the other a discount of Dh Which is the better buy and how much?

There are two items; ** 32 % off marked price of Dh 435 ** Dh 120 off marked price of Dh 426. Which is best buy?

Desert coffee costs Dh for 500g, Ringin coffee costs Dh 9.60 for 300g. Which brand is the best value ?

If Coco Pops are sold at Dh 4.90 per 750g box, *Rice Bubbles at Dh3.20 per 500g box, *And Corn Flakes at Dh 1.30 per 250g box, **Which is the cheapest per unit of weight?

** Which is the least expensive sauce:- Soy at Dh 1.45 for 200mL, Barbecue at Dh 2.30 for 250 mL, Worcestershire at Dh 2.25 for 300 mL, tomato sauce at Dh 1.80 for 750 mL ? Which is the most expensive?

Find the total cost of the list below and find the change from 100 Dhs? ItemPriceNo.Cost Peanut butterDh Vegetable soup Dh Vitamin CDh Mouse trapDh Icing mixDh ml. oilDh Tin of creamDh FlavouringDh Total = Change from Dh 100 =

15 % of Dh 300 = Dh 45

35 % of Dh 700 = Dh 245

60 % of Dh 1200 = Dh 720

5 tins of mushrooms at 2.75 Dh = Dh 13.75

2 jars of stock cubes at 2.15 Dh = Dh 4.3

A process of bargaining to seek a reduced price. You pay less. It takes time and energy to compare prices.

A readily acceptable method of making credit purchases. “ Buy now, pay later”. Convenient and safer than carrying large sums of money. The interest charged on the debt is high.

A way of having the item and spreading the payment over a period of time. You can buy essential items and make use of them as you buy. If you cannot continue payments, the item can be repossessed. High interest rates.

An immediate pay with cheque, electronic funds tranfer(EFT) card or money. Paying cash may help you get a discount. Carrying large sums of money

*Hamad was given 12.5 % discount on a rug with a marked price of Dh 248. How much did he pay?

*Nawal was given 12.5 % discount on a dress with a marked price of Dh 460. How much did she pay?

*Thuraiya bought a TV priced at Dh 1200 after it was discount by 10%. and then she get Further 5% discount because she was a member of staff. How much did she pay for the TV ?

*A bookstore discounted all its books by 15 %. A further discount of 10 % was given to the local school. How much did they pay for books which originally sold for a total of Dh 1750 ??

Alia bought a car on terms of Dh 100 deposit and 60 month repayments of Dh The price of the car was Dh how much did she pay for the car? 2- how much interest did she pay on the money borrowed? 3- how much money had she borrowed?

A man bought a car for Dh 8250 paying a deposit of Dh 250, Dh 130 in extra charges, and paying Dh280 per month over five years. 1- how much did he pay for the car? 2- how much interest did he pay on the money borrowed?

Hamad had to pay interest on his credit card. He pays 1.7 % per month on the greatest amount owing during each month. The greatest amount owing in april was Dh 166, in may Dh 294 and, in june, Dh 408. Find the total interest charged for the three months. ?

What fraction of a year is:- 1 Month ? = 1 12

What fraction of a year is:- 5 Months ? = 5 12

What fraction of a year is:- 11 Month ? = 11 12

What fraction of a year is:- 1 day ? = 1 365

What fraction of a year is:- 7 days ? = 7 365

What fraction of a year is:- 128 days ? =

9 % of Dh 650 = Dh 58.50

13.6 % of Dh 800 = Dh

37.5 % of Dh = Dh

95 % of Dh 7.80 = Dh 7.41