Edexcel IGCSE Economics Gross and Net Income

Edexcel IGCSE Economics Gross and Net Income
Edexcel IGCSE Economics syllabusEconomics 4EC1Issue 3 (2026)

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

How this is tested

  • 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.

Question 1(b)

[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