a factory employs 50 workers. 40 earned #450/h and 10 earned #600/h. what is the average hourly rate of pay?
To find the average hourly rate of pay, we need to calculate the total amount earned by all the workers and then divide by the total number of workers.
For the workers earning #450/h:
Total amount earned = 40 workers * #450/hour = #18000/hour
For the workers earning #600/h:
Total amount earned = 10 workers * #600/hour = #6000/hour
Total amount earned by all workers = #18000 + #6000 = #24000
Total number of workers = 50
Average hourly rate of pay = Total amount earned / Total number of workers
= #24000 / 50
= #480/hour
Therefore, the average hourly rate of pay for all workers in the factory is #480.