Leaving Certificate

Ordinary Level

2019 P1 Q1

Question

LC OL 2019 P1 Q1.pdf

Marking Scheme

2019 LC OL P1 Q1 MS.pdf

#Financial maths #Gross Wage # Income Tax #Standard rate cut-off point #Net Pay #Tax #Tax Credit

Great question to test your understanding of financial maths. Easy question if you understand all the terminology; gross pay, standard rate cut of point, standard rate, higher rate, tax credit, etc.. 


For this question it is very important to learn the terminology - the maths itself is actually fairly easy!