Jasmine paid $\$314.68$ PAYG tax out of her weekly wage of $\$1014.65$ . $\newline$ a How much PAYG tax did Jasmine pay for the year? $\newline$ b How much did Jasmine earn for the year, after tax?

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Grade 6

Add and subtract money amounts: word problems

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Q. Jasmine paid

\$314.68

PAYG tax out of her weekly wage of

\$1014.65

\newline

a How much PAYG tax did Jasmine pay for the year?

\newline

b How much did Jasmine earn for the year, after tax?

Calculate Annual PAYG Tax: To find out how much PAYG tax Jasmine paid for the year, we need to multiply her weekly PAYG tax by the number of weeks in a year. $\newline$ Weekly PAYG tax: $\$314.68$ $\newline$ Number of weeks in a year: $52$ $\newline$ Annual PAYG tax = Weekly PAYG tax $\times$ Number of weeks in a year $\newline$ Calculation: $\$314.68 \times 52$
Find Annual Gross Income: Perform the multiplication to find the annual PAYG tax. $\$314.68 \times 52 = \$16,363.36$ Jasmine paid $\$16,363.36$ in PAYG tax for the year.
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax. $\newline$ Weekly wage: $\$1014.65$ $\newline$ Annual gross income = Weekly wage $\times$ Number of weeks in a year $\newline$ Calculation: $\$1014.65 \times 52$
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax. $\newline$ Weekly wage: $\$1014.65$ $\newline$ Annual gross income = Weekly wage $\times$ Number of weeks in a year $\newline$ Calculation: $\$1014.65 \times 52$ Perform the multiplication to find the annual gross income. $\newline$ $\$1014.65 \times 52 = \$52,761.80$ $\newline$ Jasmine's annual gross income is $\$52,761.80$ .
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax. $\newline$ Weekly wage: $\$1014.65$ $\newline$ Annual gross income = Weekly wage $\times$ Number of weeks in a year $\newline$ Calculation: $\$1014.65 \times 52$ Perform the multiplication to find the annual gross income. $\newline$ $\$1014.65 \times 52 = \$52,761.80$ $\newline$ Jasmine's annual gross income is $\$52,761.80$ .Now, subtract the annual PAYG tax from the annual gross income to find the after-tax income. $\newline$ Annual gross income: $\$52,761.80$ $\newline$ Annual PAYG tax: $\$16,363.36$ $\newline$ After-tax income = Annual gross income - Annual PAYG tax $\newline$ Calculation: $\$52,761.80 - \$16,363.36$
Calculate After-Tax Income: To find out how much Jasmine earned for the year after tax, we need to calculate her annual gross income and then subtract the annual PAYG tax. $\newline$ Weekly wage: $\$1014.65$ $\newline$ Annual gross income = Weekly wage $\times$ Number of weeks in a year $\newline$ Calculation: $\$1014.65 \times 52$ Perform the multiplication to find the annual gross income. $\newline$ $\$1014.65 \times 52 = \$52,761.80$ $\newline$ Jasmine's annual gross income is $\$52,761.80$ .Now, subtract the annual PAYG tax from the annual gross income to find the after-tax income. $\newline$ Annual gross income: $\$52,761.80$ $\newline$ Annual PAYG tax: $\$16,363.36$ $\newline$ After-tax income = Annual gross income - Annual PAYG tax $\newline$ Calculation: $\$52,761.80 - \$16,363.36$ Perform the subtraction to find the after-tax income. $\newline$ $\$52,761.80 - \$16,363.36 = \$36,398.44$ $\newline$ Jasmine earned $\$36,398.44$ for the year after tax.