Daily Practice 2.12.15 Q1. Round 8813 to the nearest ten Q2. 2.49-0.7 Q3. Calculate the volume of a cuboid with length 5cm, breadth 6cm and height 7cm Q4. Solve 7x - 1 = 17 + x Today we will be learning about earnings and how to calculate overtime. Q5. Income Income is any money that is coming in. For example wages, benefits or gifts. Daily Practice 3.12.15 Q1. Find 14% of 800 Wages - Money that you earn by the hour. Overtime - Any hours that you work over your normal Salary - working week (usually 35 hours) Money that you earn for a year. A person paid by a salary is not the hour. They get a set amount of money every year. Commission - Money (usually a percentage of sales) that you can earn on top of your pay. Bonus - Money that you earn on top of your pay usually for good performance or during Holiday season. Q2. Share 720 in the ratio 4:5 Q3. 1 2 / 5-1 / 3 Q4. If Mandy earns 6.19 per hour, how much will she earn for 4 hours work? Q5. Write 15 out of 20 as a percentage Gross Pay: People tend to get paid weekly, fortnightly or monthly. You get issued with a payslip that shows your earnings and deductions. Net Pay: Examples of deductions:
Tax Rates: A personal allowance is how much money you don't have to pay tax on. John earns 25 000 per year. If his only deduction is tax, how much is his net income? Daily Practice 4.12.15 Q1. Round 8147.225 to 1 decimal place Q2. Find 4 / 7 of 287 Q3. If the ratio of butter to flour in a pastry recipe is 1:2, how many grams of flour is needed if you use 120grams of butter? Today we will be continuing to calculate earnings. Q4. State the formula for the pattern Q 1 2 3 4 Q5. Solve 3(x + 1) = 2x + 9 P 7 12 17 Overtime Overtime can be earned for working hours over the normal working week or working hours that are not popular to work e.g. Christmas, Sundays, late in the evening etc. Rates of overtime: Examples Overtime Examples: 1. Melissa worked from 08:30 to 15:30 Monday to Friday. She worked overtime on Thursday evening for 2 hours at time and a quarter. If Melissa earns 12 per hour, how much did she earn in total for the week?
Daily Practice 7.12.2015 Q1. Find 2 / 7 of 784 Q2. Find 17% of 500 Q3. Calculate the volume of a cube with side of length 2cm Q4. Solve 5k - 7 = 8 + 2k Today we will be continuing to practise questions working out wages with overtime. Homework online due 11.12.15 Q5. Share 400 in the ratio 3:5 Overtime Examples: 2. Jessie worked 43 hours last week. This was made up of 35hrs at the basic rate of 8.50/hr and the rest was overtime at time and a half. How much did Jessie earn in total last week? National Insurance Rates: Depending on what category you fit it, normally about 10.6% https://www.gov.uk/national-insurance-rates-letters/contribution-rates Complete odd numbered questions. 52 weeks in a year. 365 days. Daily Practice 9.12.2015 Q1. A TV costs 320 + VAT. If VAT is 20%, how much is the TV including VAT? Q2. Solve 10x - 4 = 7x + 11 Today we are going to learn how to make a budget. Homework due Friday Q3. Simplify the ratio 12:16 Q4. If a = 4 and b = -3, what is the value of 2a 2 b? Q5. 7.6 x 400
Budgeting: Key words Income - Money coming in Expenditure - Money going out. Consists of essential (Rent, bills etc.) and non - essential (magazines, nights out etc.) Surplus- Income exceeds expenditure Deficit - Expenditure exceeds income Daily practice 10.12.15 Q1. A house costs 130000, it increases in value by 7%, how much is it worth now? Q2. Solve the equation 6(2x - 5) = 90 Q3. - 17 + 27 Today we will be continuing to work out Bob's budget. Homework due tomorrow. Q4. Multiply out and simplify 2(x - 3) + 4(x + 4) Q5. 3.8 x 200 Income Expenditure Create a budget for Bob: 1.You must create a monthly budget for Bob. Pg. 109,110 Wages this month = 894.43 Tips - weekly 28 Groceries weekly 35 Rent monthly 320 Wages this month = 894.43 Tips - weekly 28 Groceries weekly 35 Rent monthly 320 Council Tax monthly 60 Electricity & Gas Every 3 months 90 Internet monthly 14.50 2.Use a ruler to create 2 columns, one for income and one for expenditure. 3. Calculate whether Bob has a surplus or a deficit. 4. If Bob wants to save 200 per month towards a holiday, what suggestions could you make to him about his spending? 5. When finished, create a monthly budget for yourself, one real and one for when Council Tax monthly 60 Electricity & Gas Every 3 months 90 Internet monthly 14.50 Bus to & from work (5days) daily - 2.40 Socialising weekly 25 Clothes/uniform/hair monthly 120 Insurance monthly 21 Toiletries/medical monthly 18 Phone weekly 10 Take out/ Meals out weekly 15 Bus to work daily - 2.40 Socialising weekly 25 Clothes/uniform/hair monthly 120 Insurance monthly 21 Toiletries/medical monthly 18 Phone weekly 10 Take out/ Meals out weekly 15 you are an adult Miscellaneous expenses: Monthly 70
Daily Practice 11.12.2015 Q1. Find 78% of 7000 Q2. Jenny earns 15 per hour, how much does she earn for 3 hours overtime at time and a half? Q3. Solve the equation 3(2x - 1) + 4x = 15 Q4. Today we are going to mark the homework and start to learn about foreign exhange. Homework due! Q5. What type of angle is an angle of 260 0?
Daily Practice 14.12.2015 Q1. Multiply out and simplify 2(3x - 1) + 4(x + 2) Which currency belongs to which country?? Yen USA $ Dollar China Q2. - 15 + 22 x 5 Yuan India Q3. Calculate the median and range of 3, 2, 1, 7, 8, 4 Rand Rupee South Africa Republic of Ireland Q4. Q5. Write 18 out of 60 as a percentage Euro Japan Foreign Exchange
Foreign Exchange Example: 1 = 1.21 1. Calculate how many Euros Bill would get for 230 2. How many pounds would Simon get for 500 Euros? Convert the following: (a) 60 to euros (b) 100 to US Dollars (c) 50 to Rupees (d) 50AUD to pounds (e) 11036.40Υen to pounds (f) 1952 Yuan to pounds