A shop assistant sells goods worth $15,000. If she is paid a 5% commission, calculate the amount of commission she receives.

A car salesman earns $1600 for the week, in addition to which he is paid a commission of 3% of all sales over $100,000. In that particular week, he sold a Prado SUV worth $1,015,000. Calculate

i) This commission

ii) His gross earnings of the week

A sales clerk earns a basic wage of $630 and is paid a commission of 3% on goods sold above $2000. Let the goods sold in that week be worth $n. If the commission the clerk received was $55.50, find the value of the goods sold, $n, in that week.

A man’s taxable income is $19,500. If tax is levied at 10%, calculate his tax payable

A woman pays $1865 in tax. When the tax levied is 12 ½ %, calculate her taxable income.

A man’s taxable income is $98,530. The table below shows how the tax is levied.

Tax

5% on the first $20,000

10% on the next $20,000

12% on the rest.

Calculate the tax to be paid.

A married man with two children earns $56,500 per annum. He has a dependent relative and pays a mortgage of $1000 per month. Allowances and Taxes levied are shown below.

Allowances                                                                Taxes

Personal - $2000                                                        5% on first $10,000

Spouse - $1000                                                           6% on the next $20,000

Child - $900                                                                8% on the rest

Dependent - $750

Mortgage – total value for year

Calculate

i.   The non-taxable income (allowances)

ii.  The taxable income

iii.  The tax payable