Earning Money and Percentages
Weeks 1–2 · Number and Algebra
- Calculate weekly or monthly wages from an annual salary, wages from an hourly rate, including situations involving overtime and other allowances, and earnings based on commission or piecework.
- Apply a percentage increase or decrease in various contexts:
- determining the impact of inflation on costs and wages over time
- calculating percentage mark-ups and discounts
- calculating VAT
- calculating profit or loss in both absolute and percentage terms
- Solve problems involving salaries, wages, benefits, and deductions (tax computations, overtime pay, and gross and net incomes) using appropriate technology.
Needs first: Fractions and Decimals, Ratio, Proportion and Percent