Question

An employee who earned $550 a week working 35 hours had her pay increased by 5 percent. Later, her hours were reduced to 30 per week, but the new hourly rate of pay was retained. What was her new amount of weekly pay?

Answer 1

$495

Explanation:

After the 5% raise, her weekly pay was ...

$550 × 1.05 = $577.50

If she works 35 hours for that pay, her hourly rate is

$577.50/35 = $16.50

Then, working 30 hours, her weekly pay will be ...

30 × $16.50 = $495.00