1) Which of the following formulas correctly calculates the total earnings for a worker based on their hourly rate (R) and the number of hours worked (H)? a) Total Earnings = R + H b) Total Earnings = R * H c) Total Earnings = R / H d) Total Earnings = R - H 2) An employee earns £20 per hour. If they work for 8 hours, what are their total earnings? a) £28 b) £120 c) £160 d) £220 3) A worker is paid £2 for each product they assemble. If they assemble 50 products, what are their total earnings? a) £50 b) £100 c) £150 d) £200 4) Which of the following formulas correctly calculates the total earnings for a worker based on the number of units produced (U) and the rate per unit (R)? a) Total Earnings = U + R b) Total Earnings = U * R c) Total Earnings = U / R d) Total Earnings = U - R 5) An employee earns a 5% commission on each sale they make. If they make sales totaling £2000, how much commission do they earn? a) £50 b) £100 c) £150 d) £200 6) Which of the following formulas correctly calculates the commission earned by a salesperson based on the total sales amount (S) and the commission rate (R)? a) Commission = S + R b) Commission = S * R c) Commission = S / R d) Commission = S - R 7) A company distributes 20% of its annual profit equally among its employees as a profit share. If the company's annual profit is £100,000 and it has 20 employees, how much profit share does each employee receive? a) £200 b) £500 c) £1,000 d) £2,000 8) Which of the following formulas correctly calculates the profit share earned by each employee in a company, where P represents the total annual profit and N represents the number of employees, assuming that the profit share is distributed equally among all employees? a) Profit Share = P / N b) Profit Share = P * N c) Profit Share = P + N d) Profit Share = P - N 9) An employee earns £15 per hour for regular work hours (up to 40 hours per week) and receives 1.5 times their regular hourly wage for any hours worked beyond 40 hours in a week. If the employee works 50 hours in a week, how much will they earn? a) £750 b) £825 c) £900 d) £975 10) Which of the following formulas correctly calculates the total earnings for an employee who works overtime, where R represents the regular hourly wage, H represents the total number of hours worked, and O represents the number of overtime hours worked? a) Total Earnings = R * H b) Total Earnings = R * H + 0.5 * R * O c) Total Earnings = R + 1.5 * O d) Total Earnings = R / H 11) An employee earns a daily rate of £80. If they work for 6 days in a week, what are their total earnings for that week? a) £86 b) £320 c) £480 d) £560 12) Which of the following formulas correctly calculates the total earnings for an employee based on their daily rate (D) and the number of days worked (N)? a) Total Earnings = D + N b) Total Earnings = D * N c) Total Earnings = D / N d) Total Earnings = D - N 13) An employee receives a bonus of 10% of their total sales if their sales exceed £1000 in a month. If an employee's sales for the month are £1500, what is their bonus? a) £10 b) £50 c) £100 d) £150 14) Which of the following formulas correctly calculates the bonus earned by an employee based on their total sales (S) for the month, considering a 10% bonus rate for sales exceeding £1000? a) Bonus = 0.1 * (S - 1000) b) Bonus = 0.1 * S c) Bonus = 0.1 * (S + 1000) d) Bonus = 0.1 * (S / 1000)

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