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Edexcel IGCSE Economics Gross and Net Income

Practise Edexcel IGCSE Economics income calculations by multiplying hourly wage rates by labour hours to find weekly pay.

Syllabus
Issue 3 (2026)
Course
Economics 4EC1

Exam points

  • Calculate weekly income by multiplying an hourly wage rate by the number of hours worked.
  • Use minimum-wage data carefully and ignore option labels that do not match the calculation.

Gross and net income question 1

[Maximum number: 1]

A country has a minimum wage of € 6.04 per hour. If a worker provides 35 hours of labour in a week, the lowest weekly wage the worker can earn is

A

€ 6.04

B

€ 205.36

C

€ 211.40

D

€422.80

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