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Finance · Guided Practice

Income

12 questions with answers and video solutions. Try each one before revealing the answer.

1
A worker is paid £9.60\displaystyle \pounds 9.60 per hour and works 35\displaystyle 35 hours in a week.
Calculate their basic weekly pay.
Video solution coming soon
2
An employee's basic rate of pay is £14\displaystyle \pounds 14 per hour.
Overtime is paid at time-and-a-half.
Calculate the overtime hourly rate.
Video solution coming soon
3
An annual salary of £31200\displaystyle \pounds 31200 is paid in 12\displaystyle 12 equal monthly payments.
Calculate the monthly gross pay.
Video solution coming soon
4
Hannah's basic rate of pay is £10.80\displaystyle \pounds 10.80 per hour for a 38\displaystyle 38 hour week.
Last week she also worked 6\displaystyle 6 hours of overtime, paid at time-and-a-half.
Calculate her gross pay for last week.
Video solution coming soon
5
Priya is paid a basic monthly salary of £1450\displaystyle \pounds 1450.
She also earns 5%\displaystyle 5\% commission on her monthly sales over £20000\displaystyle \pounds 20000.
In May her sales were £47500\displaystyle \pounds 47500.
Calculate her gross pay for May.
Video solution coming soon
6
Tom's basic rate of pay is £13.50\displaystyle \pounds 13.50 per hour.
He works 40\displaystyle 40 basic hours, then 4\displaystyle 4 hours paid at double time.
Calculate his gross pay for the week.
Video solution coming soon
7
An employee has an annual salary of £27600\displaystyle \pounds 27600.
She is awarded a bonus of 3.5%\displaystyle 3.5\% of her salary.
Calculate her total pay for the year.
Video solution coming soon
8
2019 P1 Q2(a)
3 Marks

Paul usually works 30 hours each week.

He is paid time and a half for any additional hours that he works.

His basic rate of pay is £12.50.

Last week, he worked a total of 37 hours.

(a) Calculate his gross pay for last week.

9
2021 P1 Q5(a)
2 Marks

Lucy works as a lifeguard. Lucy's overtime rate is time and a half. During one week Lucy worked 40 hours at normal rate and 10 hours at overtime rate. Lucy was paid £550 for that week.

(a) Calculate Lucy's normal hourly rate of pay.

10
2022 P2 Q6(a)
3 Marks

Pepe inspects and sells fire extinguishers.
His monthly gross pay consists of a basic wage plus commission on the sale of any fire extinguishers.
The rate of commission he earns depends on the mean price he sells each fire extinguisher for, as shown.

Mean price of fire extinguisherRate of commission
£40-£49.9914%
£50-£59.9914.5%
£60-£69.9915%
£70-£79.9915.5%
£80-£89.9916%
£90-£99.9916.5%

In January, Pepe's basic wage was £1200.
He sold 107 fire extinguishers for a total of £8185.50.

(a) Calculate Pepe's gross pay for the month of January.

11
2025 P1 Q6
2 Marks

Ramani works as a sales person for a car company.
She is paid a basic monthly salary of £1870 plus commission of 3% on her monthly sales over £58,000.
In April, her sales totalled £96,000.
Calculate Ramani's gross pay in April.

12
2025 P2 Q9(d)
2 Marks

Freya works for McKay Marketplace.
She is contracted to work 35 hours each week.
Her basic hourly rate of pay is £10.60.
She is paid double time for any overtime she works.
Last week she worked 39.5 hours.

(d) Calculate her gross pay for last week.

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