Pick an arbitrary rate, say $10 per hour
then the overtime rate is $15 per hour
regular time = $80
10 hour day pay = $80 + $2(15) = $110
and increase of $30
so rate of increase = 30/80 = .375 = 37.5%
An employer pays one and half times the hourly rate for each hour worked in excess of 8 hours. If an employe works 10 hours by what percent are wages of an 8 hour increased
(a)25% (b)32.5%
(c)37.5% (d)40%
1 answer
1 answer