SOLUTION: This question is calculating gross pay The hours worked has to be over 40. The method I chose was number 2( though I would like to know how to do the work using both methods.

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: This question is calculating gross pay The hours worked has to be over 40. The method I chose was number 2( though I would like to know how to do the work using both methods.       Log On


   

Question 667851: This question is calculating gross pay
The hours worked has to be over 40.
The method I chose was number 2( though I would like to know how to do the work using both methods.
Method 1:(total regular hours X hourly rate) + (overtime hours X overtime rate)=gross pay
Method 2: (total number of hours worked X the hourly rate) + (hours over 40 X 0.5 the hourly rate)
So my my information is:
Hourly Rate: $15hr.
Hours Worked: 45hrs
Formula : (45 X 15) + (15 X (15 x 0.5))
But I was told that my over time pay looks wrong, can someone help me please?
Found 3 solutions by ReadingBoosters, lynnlo, MathTherapy:
Answer by ReadingBoosters(3246) About Me  (Show Source):
You can put this solution on YOUR website!
Formuls should be
%2845%29%2815%29+%2B+%285cross%2815%29X%2815x.05%29%29
Essentially
45 X 15 + 5 X (.05 X 15) or
45(15) + 5(.05(15))
...
Method 1
40 X 15 + 5 X (15 + (.05 X 15)) or
40(15) + 5(15+(.05(15)))
.....................
Delighted to help.
-Reading Boosters
Wanting for others what we want for ourselves.
www.MyHomeworkAnswers.com

Answer by lynnlo(4176) About Me  (Show Source):
You can put this solution on YOUR website!
ok,you worked 45 hours,,,overtime hours are 5 over 40,, times your pay.look like the rest you understand

Answer by MathTherapy(10552) About Me  (Show Source):
You can put this solution on YOUR website!

This question is calculating gross pay
The hours worked has to be over 40.
The method I chose was number 2( though I would like to know how to do the work using both methods.
Method 1:(total regular hours X hourly rate) + (overtime hours X overtime rate)=gross pay
Method 2: (total number of hours worked X the hourly rate) + (hours over 40 X 0.5 the hourly rate)
So my my information is:
Hourly Rate: $15hr.
Hours Worked: 45hrs
Formula : (45 X 15) + (15 X (15 x 0.5))
But I was told that my over time pay looks wrong, can someone help me please?

Method 1
%2840%29%2815%29+%2B+%285%29%281.5%29%2815%29

Method 2
%2845%29%2815%29+%2B+%285%29%280.5%29%2815%29

Both will give you gross pay of $712.50.

The parentheses are irrelevant, but I chose to put them anyway.

Send comments and “thank-yous” to “D” at MathMadEzy@aol.com