Earning Money
Earning Money: Overview
This topic covers concepts, such as, Rate of Increase and Decrease in the Price of Goods, Earnings, Computation of Income Tax & Tax Threshold etc.
Important Questions on Earning Money
The following is (are) included in salary survey.

Lakshmi sold balloons. Each balloon cost . How much money does she earn for all balloons

Maria sold chocolates. Each chocolate cost . How much money does she earn for all chocolates

Brad earns per hour. He works hours a day. How much does he earn each day

Which of following is an expense that can be subtracted from taxable income to reduce the amount owed.

Which of following is an expense that can be subtracted from taxable income to reduce the amount owed.

A _____ is an expense that can be subtracted from taxable income to reduce the amount owed.

A _____ is an expense that can be subtracted from taxable income to reduce the amount owed.

The rate of tax for income tax slab between the income of for Assessment year is .

Mr. Manish's gross annual income is for the financial year .
His annual savings this year are as follows:
Life insurance corporation premium
Contribution towards provident fund
Public provident fund
National Savings Certificate
Find his taxable income in

Tax threshold is the level of income above which you start to pay _____

Tax threshold is the level of income above which you start to pay _____

The income tax threshold is the income level at which a person _____ paying income taxes

The income tax threshold is the income level at which a person _____ paying income taxes

Company ABC Inc. had revenue from the sale of for the year . It paid as employee wages, for raw materials and goods, for other office and factory maintenance expenses. The Company had interest income of and paid in taxes. What is the net income of the Company ABC Inc.?

If the total revenue of the organisation is and total expense is , then the net income of organisation is ________.

Company ABC Inc. had revenue from the sale of for the year . It paid as employee wages, for raw materials and goods, for other office and factory maintenance expenses. The Company had interest income of and paid in taxes. What is the net income of the Company ABC Inc.?

If price of a product is rupees after years and its original price is , find the rate of increase of price.

If price of a product is rupees after years and its original price is , find the rate of increase of price.

John's hourly rate of pay is . He is paid 'time-and-a-half' for work after hours and on Saturdays and 'double-time' for Sundays and public holidays.
One week he worked hours on Saturdays and hours on Sunday. How much overtime pay would he earn?
