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2.7 The labour market

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Question 10

A marine surveyor worked overtime this week. The surveyor's gross pay is made up of basic pay and overtime pay only, but the overtime pay has been left off the weekly payslip. The other amounts are shown below:

Payslip itemAmount
Basic pay£720
Income tax£105
National Insurance£42
Pension contribution£28
Net pay£680

What is the surveyor's overtime pay for the week?

[1]
A

£65

B

£135

C

£175

D

£40

Markscheme

2.7 The labour market Questions

  1. GCSE
  2. /Economics
  3. /2.7 The labour market

80 exam-style questions on OCR GCSE Economics 2.7 The labour market, covering 2.7.1 Role and operation of the labour market, 2.7.2 Determination of wages, 2.7.3 Explain gross and net pay, and 2.7.4 Calculate gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.

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