Leaving Certificate
Ordinary Level
2019 P1 Q1
Question
Question
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Marking Scheme
Marking Scheme
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#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!