In a week, a man received a paycheck for $244.60. The withholding for taxes was $91.40. If he worked 28 hours in that week, what is his hourly pay rate?
His hourly pay rate is
To find his hourly pay rate, we need to divide his paycheck by the number of hours he worked.
Hourly pay rate = Paycheck / Hours worked
Hourly pay rate = $244.60 / 28
Now, we can calculate the hourly pay rate:
Hourly pay rate ≈ $8.74
Therefore, his hourly pay rate is approximately $8.74.
To find the hourly pay rate, we divide the total paycheck (after tax withholding) by the number of hours worked.
Total paycheck (after tax withholding) = $244.60 - $91.40 = $153.20
Hourly pay rate = Total paycheck (after tax withholding) / Number of hours worked
Hourly pay rate = $153.20 / 28 hours = $5.47
Therefore, his hourly pay rate is $5.47.