In a week, a man received a paycheck for $534.60. The withholding for taxes was $95.40. If he worked 35 hours in that week, what is his hourly pay rate?
His hourly pay rate is
(Type an integer or a decimal.)
To find the hourly pay rate, we need to divide the total paycheck by the number of hours worked.
Hourly pay rate = Total paycheck / Number of hours worked
Hourly pay rate = $534.60 / 35
Hourly pay rate = $15.274285714285714
Rounded to two decimal places, his hourly pay rate is $15.27.
no
Apologies for the mistake. Let's recalculate:
To find the hourly pay rate, we need to divide the total paycheck by the number of hours worked.
Hourly pay rate = Total paycheck / Number of hours worked
Hourly pay rate = $534.60 / 35
Hourly pay rate ≈ $15.27
Rounded to two decimal places, the man's hourly pay rate is approximately $15.27.
To find the hourly pay rate, we need to divide the total paycheck amount by the number of hours worked.
Total paycheck amount after taxes = $534.60 - $95.40 = $439.20
Hourly pay rate = Total paycheck amount after taxes / Number of hours worked
= $439.20 / 35
Hourly pay rate ≈ $12.55 (rounded to two decimal places)
Therefore, his hourly pay rate is approximately $12.55.