Ray earns $15 an hour for up to 40 hours a week. If he works more than 40 hours a week, he is paid time and a half. That means R ay is paid 150% of his hourly wage for every hour he works over 40 hours. How much additional money does Ray earn for every hour he works over 40 hours?
1 answer:
Answer:
$7.50
Step-by-step explanation:
His normal pay is $15/h
Find the OT pay:
OT pay is 150% of his normal pay. Convert 150% to a decimal by dividing by 100 to find the rate in decimal form.
150%/100 = 1.5
Multiply his normal pay by the rate in decimal form.
$15 X 1.5 = $22.5
His OT pay is $22.5/h.
Additional money
= (OT pay) - (Normal pay)
= $22.5 - $15
= $7.5
We always use two decimal places for money.
$7.5 = $7.50
For every hour he works over 40 hours, he is paid an additional $7.50.
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