O-LevelAccountingAccounting procedures7707/11 · May/June 2019 · Q261 Mark

Jacob works 30 hours each week and is paid $10 per hour. He pays income tax at 30%, national insurance at 10% and makes a voluntary contribution to charity of 5%. What is his net weekly pay?

A$165

B$180

C$195

D$210

✓ Correct answer

A: $165

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Topic: Accounting procedures, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source: O-Level Accounting, May/June 2019 Paper 1 Variant 1, question 26.

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