Table 1 shows information from a worker's monthly payslip.
| Item | Amount (£) |
|---|---|
| Basic pay | 2300 |
| Performance bonus | 250 |
| Income tax | 300 |
| National Insurance | 170 |
| Pension contribution | 80 |
Using Table 1, what is the worker's net pay for the month?
£2000
£2080
£2250
£2550
149 exam-style questions on AQA GCSE Economics 1.5 Competitive and concentrated markets, covering 1.5.1a The range of market structures, 1.5.1b Distinguishing between market structures, 1.5.2a Characteristics of a competitive market, 1.5.2b How producers operate in competitive markets, 1.5.2c The economic impact of competition, 1.5.3a Characteristics of a non-competitive market, 1.5.3b How producers operate in non-competitive markets, 1.5.3c Monopoly and oligopoly, 1.5.4a The labour market and wage determination, and 1.5.4b Gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.