Unit Award Scheme

114209 PERSONAL FINANCE: CALCULATING PAY AND PERCENTAGES

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	calculate the percentage of given quantities	Student completed work
2	increase and decrease at least two quantities by a given percentage	Student completed work
3	use a calculator to calculate the percentage change between two amounts	Student completed work
4	calculate reverse percentages on at least two occasions	Student completed work
5	identify the key abbreviations used in personal finance management	Student completed work
6	identify the taxable pay of a given salary	Student completed work
7	calculate the weekly, monthly and annual tax paid	Student completed work
8	calculate the National Insurance contributions	Student completed work
9	calculate the net pay.	Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 2 October 2020Level - Level Two