Income www mathsrevision com N 4 LS Hourly

Income www. mathsrevision. com N 4 LS Hourly Rates / Wages / Hourly Rates Weekly / Monthly Wages Wage Rises Commission Wages Overtime Pay Gross - Deductions = NET pay Exam Type Questions 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate wages. 1. Understand the terms wage and salary. 2. Calculate wage / salary given hourly rate. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Wages / Salary : How much a person is paid to do a job. Can be measured weekly, monthly or annually. Hourly rate : How much you get paid for an hours work. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Example : Mick the mechanic hourly rate of pay is £ 6. 50. Last week he worked 38 hours. What is his basic pay? Pay is = £ 6. 50 x 38 = £ 247. 00 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Example : Jim is a joiner his hourly rate of pay is £ 10. 50. He works 40 hours a week. What is his basic pay? Pay is = £ 10. 50 x 40 = £ 420. 00 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income 52 weeks in a year ! www. mathsrevision. com N 4 LS Example : A shop assistant gets paid £ 239 a week. How much is her annual salary. Annual Salary = 13 -Jun-21 £ 239 x 52 = £ 12 428 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : A mechanic gets paid £ 1 100 a month. A bus driver gets paid £ 260 a week. Who gets the better annual salary. Mechanic : Annual Salary = £ 1 100 x 12 = £ 13 200 Bus Driver : Annual Salary = £ 260 x 52 = £ 13 520 Bus driver has better annual wage 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 1 Ch 25 (page 198) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS Q 1. Find the value of y when 2 y + 6 = 24 Q 2. Find the two missing angles Q 3. Find two numbers that add give 10 and divide to give 4. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate hourly rates. 1. Understand the term hourly rate. 2. Calculate hourly rates given the wage and hours worked. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Example : Bill the gardener is paid £ 200 a week. He works 40 hours a week. What is hourly rate? Hourly rate is = £ 200 ÷ 40 = £ 5. 00 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Paul starts a new job and is promised a hourly rate of £ 4. 90. His wage for the week was £ 153. 60 for 32 hours Of work. Was the employers promise true. Pay is = £ 153. 60 ÷ 32 = £ 4. 80 False ! 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 2 Ch 25 (page 199) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate weekly and monthly wages from annual salary. 13 -Jun-21 1. Calculate weekly and monthly wages from annual salary. Created by Mr. Lafferty Maths Dept.

Income 52 weeks in a year ! 12 months in a year ! www. mathsrevision. com N 4 LS Example : William gets an annual salary of £ 30 000. What is his monthly wage. What is his weekly wage. Monthly wage: £ 30 000 ÷ 12 = £ 2 500 Weekly wage : 13 -Jun-21 £ 30 000 ÷ 52 = £ 576. 92 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 3 Ch 25 (page 200) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate new wages after a wage rise. 13 -Jun-21 1. Calculate a percentage rise. 2. Calculate new wages after a percentage rise. Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Frances earned an annual salary of £ 20 000 last year. She receives a 10% rise this year. What is her new salary. Rise : 10 ÷ 100 x £ 20 000 = £ 2 000 New salary : £ 20 000 + £ 2 000 = £ 22 000 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Gerry earned an annual salary of £ 18 000 last year. He receives a 4% rise this year. What is his new salary. Rise : 4 ÷ 100 x £ 18 000 = £ 720 New salary : £ 18 000 + £ 720 = £ 18 720 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 4 Ch 25 (page 202) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions N 4 LS www. mathsrevision. com Q 1. How much should I get if I work 30 hours at a rate of £ 5 per hour. Q 2. Find the missing angle Q 3. Find 25% of 50 13 -Jun-21 Created by Mr. Lafferty Maths Dept. 33 o

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate wages when commission is involved. 13 -Jun-21 1. Understand the term commission. 2. Calculate wages involving commission. Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Commission : Money earned based on how much you sell. Usual expressed as a percentage. Write some people who get commission Car sales person Double glazing sales person 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Ted sells car. He is paid a commission of 5% on any cars he sells. Last week he sold £ 20 000 worth of cars. How much commission was he paid ? Commission : 5 ÷ 100 x £ 20 000 = £ 1 000 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Henrik gets paid £ 60 for playing for his local football team. He gets a bonus of £ 30 for every goal he scores. If he scored a hat-trick in a game. How much was he paid. Paid : 60 + 3 x 30 = 60 + 90 = £ 150 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 5 Ch 25 (page 203) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions N 4 LS www. mathsrevision. com Q 1. Find value of x when x + 4 = 16 Q 2. Find two missing angles 32 o Q 3. Find 20 % of 150 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate wages which include overtime / bonus rates. 1. Understand the terms overtime, ‘double time’ and ‘time and a half’ and bonus. 2. Calculate wages with overtime. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Overtime : When you do extra work above your basic hours. You get a better hourly rate for overtime. Write down the two common rates of overtime Double time (x 2) 13 -Jun-21 Time and a half (x 1. 5) Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Example : Percy the painter works for £ 6. 00 per hour. His overtime rate is “Double time”. What does he get paid for 4 hours overtime. 4 hours Overtime is = 4 x £ 6 x 2 = £ 48. 00 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : John the gardener works a basic 40 hours a week. He does 5 hours overtime at ‘double time’ on Saturday. His hourly rate is £ 8 per hour. Work out his overtime pay and then his total pay. 5 hours overtime is = 5 x £ 8 x 2 = £ 80. 00 40 hours basic time is = 40 x £ 8 = £ 320. 00 Total pay is = £ 320 + £ 80 = £ 400 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Tim the shop assistance works a basic 30 hours a week. He does 4 hours overtime at ‘time and a half’ on Sunday. His hourly rate is £ 6 per hour. Work out his overtime pay and then his total pay. 4 hours overtime is = 4 x £ 6 x 1. 5 = £ 36. 00 30 hours basic time is = 30 x £ 6 = £ 180. 00 Total pay is = £ 36 + £ 180 = £ 216. 00 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 6 Ch 25 (page 204) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Starter Questions www. mathsrevision. com N 4 LS 1. Two numbers add to give 12 and divide to give 3. Find the two numbers. 2. Two numbers subtract to give 5 and multiply to 24. Find the two numbers. 3. Make your own question up. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income www. mathsrevision. com N 4 LS Learning Intention Success Criteria 1. We are learning to calculate NET pay. 1. Understand the terms Gross, Deductions and NET pay. 2. Calculate NET pay. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Gross Pay : Write down some What you are paid by the employer. Deductions : Taken off your wages. Net Pay Your take home pay. : Tax Pension 13 -Jun-21 Created by Mr. Lafferty Maths Dept. National Insurance

Income N 4 LS www. mathsrevision. com Example : Calculate the Net wage for the following : Gross 13 -Jun-21 Deductions Net Wage £ 15 550 £ 3 400 £ 12 150 £ 13 025 £ 2 905 £ 10 120 £ 22 430 £ 5 094 £ 17 336 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Calculate the Net wage for this payslip : 704. 00 149. 00 555. 00 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Income N 4 LS www. mathsrevision. com Example : Calculate the Net wage for this payslip : 739. 15 207. 76 531. 39 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Have you updated your Learning Log ? Income www. mathsrevision. com N 4 LS Now Try TJ N 4 Lifeskills Exercise 7 Ch 25 (page 208) 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

1 KU 3 KU 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

3 KU 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

13 -Jun-21 Created by Mr. Lafferty Maths Dept.

13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Walter is a double glazing salesman. Each month he earns £ 500 plus 5% commission on all his sales. Calculate the value of his sales in a month when his total earnings were £ 1900. 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Claire sells cars. She is paid £ 250 per month plus 3% commission on her sales. How much is she paid in a month when her sales are worth £ 72 000? 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Alice Anderson has a part-time job in a call centre. Her basic rate of pay is £ 6. 50 per hour. At weekends she gets paid overtime at time and a half. Last week she was paid £ 136. 50, which included 4 hours overtime. How many hours did she work at the basic rate? 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Ann works in a hotel. She is paid £ 5. 60 per hour on weekdays and double time at weekends. Last month her gross pay was £ 436. 80. Ann worked a total of 54 hours on weekdays. How many hours did she work at double time? 13 -Jun-21 Created by Mr. Lafferty Maths Dept.

Corrina has a part time job in a local pottery. She paints designs on coffee mugs. Her basic rate of pay is £ 6. 25 per hour. She also gets paid an extra 22 pence for every mug she paints. Last week Corrina worked 15 hours and painted 40 mugs. How much was she paid? 13 -Jun-21 Created by Mr. Lafferty Maths Dept.