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Question
example 5
dino is paid $10.50 per hour for 40 hours of work per week. if he works more than 40 hours, he is paid time and a half. his friend len has a different job. len is paid $10.25 per hour for 37.5 hours a week. if len works more than 37.5 hours a week, he is paid time and a half. if they both work for 45 hours one week, who is paid more?
| step | how to calculate this | actual dollar amount ($) dino | actual dollar amount ($) len |
|---|---|---|---|
| 2. find his overtime rate | regular hourly rate × 1.5 | ||
| 3. find his overtime pay | overtime rate × # of overtime hours | ||
| 4. find his total pay | regular earnings + overtime earnings |
this means that ______ earns more money.
Step1: Calculate Dino's regular pay
Dino's regular - hours are 40. His regular hourly rate is $10.50. So, regular pay = $10.50×40 = $420.
Step2: Calculate Dino's overtime rate
Overtime rate = $10.50×1.5=$15.75.
Step3: Calculate Dino's overtime pay
Dino worked 45 hours, so overtime hours = 45 - 40=5. Overtime pay = $15.75×5 = $78.75.
Step4: Calculate Dino's total pay
Total pay = regular pay+overtime pay = $420 + $78.75=$498.75.
Step5: Calculate Len's regular pay
Len's regular - hours are 37.5. His regular hourly rate is $10.25. So, regular pay = $10.25×37.5 = $384.375.
Step6: Calculate Len's overtime rate
Overtime rate = $10.25×1.5 = $15.375.
Step7: Calculate Len's overtime pay
Len worked 45 hours, so overtime hours = 45 - 37.5 = 7.5. Overtime pay = $15.375×7.5=$115.3125.
Step8: Calculate Len's total pay
Total pay = regular pay+overtime pay = $384.375+$115.3125 = $499.6875.
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