SOLUTION: Iris charges a fee for her consulting services plus an hourly rate that is 1 1/5 times her fee. On a 7-hour job, Iris charged $470. What is her fee and her hourly rate ?

Algebra ->  Customizable Word Problem Solvers  -> Numbers -> SOLUTION: Iris charges a fee for her consulting services plus an hourly rate that is 1 1/5 times her fee. On a 7-hour job, Iris charged $470. What is her fee and her hourly rate ?      Log On

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Question 1052192: Iris charges a fee for her consulting services plus an hourly rate that is 1 1/5 times her fee. On a 7-hour job, Iris charged $470. What is her fee and her hourly rate ?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
her fee is x dollars
the hourly rate is (6/5)x dollars per hour
x+(7(6x/5))=470
because 7*6x/5 is 42x/5
47x/5=470
47x=5*470
x=$50 per hour ANSWER
She got $50 fee, and $60 per hour (1 1/5*fee) for 7 hours. That is $470.