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v1 Financial Maths, STD2 F1 2024 HSC 23

Dave works a 40-hour week and is paid at an hourly rate of $20. Any overtime hours worked are paid at time-and-a-half.

Last week, Dave worked the regular 40 hours and some overtime hours. In that week, Dave earned $1250.

How many hours of overtime did Dave work last week?   (3 marks)

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\(\text{15 hours of overtime}\)

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\(\text {Let X = overtime hours}\)

  \(\text{Total pay}\) \(=(40 \times 20)+\Big(X \times \dfrac{3}{2}\times 20\Big) \)
  \(1250\) \(=800+\dfrac{60}{2}X\)
  \(\dfrac{60}{2}X\) \(=450\)
  \(X\) \(=\dfrac{450\times 2}{60}\)
    \(=15 \text{ hours of overtime}\)

Filed Under: Earning Money and Budgeting (Std 2-X) Tagged With: Band 3, smc-810-10-Wages

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