To find the hourly pay rate, we need to divide the paycheck amount minus the withholding for taxes by the number of hours worked.
Hourly pay rate = (Paycheck amount - Withholding for taxes) / Number of hours worked
Hourly pay rate = ($240.70 - $95.30) / 28
Hourly pay rate = $145.40 / 28
Hourly pay rate = $5.193 (rounded to 3 decimal places)
Therefore, his hourly pay rate is $5.193.
In a week, a man received a paycheck for $240.70. The withholding for taxes was $95.30. If he worked 28 hours in that week, what is his hourly pay rate?
3 answers
you sure there?
Apologies for my previous response. Let's correct the calculation.
To find the hourly pay rate, we need to divide the paycheck amount minus the withholding for taxes by the number of hours worked.
Hourly pay rate = (Paycheck amount - Withholding for taxes) / Number of hours worked
Hourly pay rate = ($240.70 - $95.30) / 28
Hourly pay rate = $145.40 / 28
Hourly pay rate = $5.1929 (rounded to 4 decimal places)
Therefore, his hourly pay rate is $5.1929.
To find the hourly pay rate, we need to divide the paycheck amount minus the withholding for taxes by the number of hours worked.
Hourly pay rate = (Paycheck amount - Withholding for taxes) / Number of hours worked
Hourly pay rate = ($240.70 - $95.30) / 28
Hourly pay rate = $145.40 / 28
Hourly pay rate = $5.1929 (rounded to 4 decimal places)
Therefore, his hourly pay rate is $5.1929.