Financial Maths, STD2 EQ-Bank 17

Roberto works as a furniture assembler and is paid $18.50 for each bookshelf he completes. In one week he worked 40 hours and earned $1110.

How many bookshelves did Roberto complete that week? (1 mark)
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Calculate his hourly rate of pay. (2 marks)
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a. $60\ \text{bookshelves}$

b. $$27.75\text{/hour}$

Show Worked Solution

a.	$\text{Number of Bookshelves}$	$=\dfrac{1110}{18.50}$
		$=60\ \text{bookshelves}$

b.	$\text{Hourly rate}$	$=\dfrac{\text{Total earnings}}{\text{Hours worked}}$
		$=\dfrac{1110}{40}=$27.75$

$\therefore\ \text{Roberto’s hourly rate is }$27.75$

a.	\(\text{Number of Bookshelves}\)	\(=\dfrac{1110}{18.50}\)
		\(=60\ \text{bookshelves}\)

b.	\(\text{Hourly rate}\)	\(=\dfrac{\text{Total earnings}}{\text{Hours worked}}\)
		\(=\dfrac{1110}{40}=$27.75\)