Thomas received $2176.10 as a holiday loading payment (17.5% on 4 weeks pay). What is his weekly wage?
To find Thomas's weekly wage, we need to reverse the calculation and figure out what 100% of his pay is without the holiday loading.
Let's assume Thomas's weekly wage is W.
We know that the holiday loading payment is 17.5% of 4 weeks' pay, which is equal to $2176.10.
Mathematically, we can represent this information with the following equation:
17.5/100 * (4 * W) = $2176.10
To solve for W, we can rearrange the equation:
70/100 * W = $2176.10
Now, divide both sides of the equation by 70/100:
W = $2176.10 / (70/100)
W = $2176.10 * (100/70)
W ≈ $3108.71
Therefore, Thomas's weekly wage is approximately $3108.71.