Labor costs of the workers at $8 per hour working 40 hours each=$640
Revenue for the week=$2000
therefore labor cost as a percentage of revenue would be=32%
Q: How much did Jay have to pay excluding his share of the insurance premium?
A: $1800+$200 = $2000
Q: How much did Jay's company pay for his insurance premium?
A: $700. If Jay's $350 is 1/3 of the premium , then Jay's company pays 2*$350=$700 as rest of his premium.
Q: Jay paid 10% and the plan paid 90% beyond the deductible. How much did Jay's insurance company pay total?
A: Jay's insurance company paid $16200. Given that Jay paid $1800 beyond his deductible of $200 (and that is 10% of the actual cost) means that his plan (insurance company) paid 90%=9*$1800=$16200.
Q: How much did Jay have to pay total, including his share of the premium?
A: Jay paid $2350. He paid $200 deductible + $1800 beyond deductible + $350 premium
Answer:
528
Step-by-step explanation:
So naturally at first sight for this question we would think -->
Oh 3 consecutive integers = 66 --> 66/3 = 22 (n-1), (n+1) so --> 21, 22, and 23.
But no. At second look it is the sum of 3 consecutive integers is greater than 66. So we find the next possible pair since it says smallest possible product.
We get the set (22, 23, 24). => Multiply the least and greatest integers together respectively 22 and 24 which amounts to => 528
And thus, we have out answer of 528
Hope this helps!
