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1 Press Ctrl-A ©G Dear 2008 – Not to be sold/Free to use Wages Stage 6 - Year 11 General...
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Transcript of 1 Press Ctrl-A ©G Dear 2008 – Not to be sold/Free to use Wages Stage 6 - Year 11 General...
1Press Ctrl-APress Ctrl-A
©G Dear 2008 – Not to be sold/Free to use
WagesWagesStage 6 - Year 11Stage 6 - Year 11
General MathematicsPreliminary
2
Wages (1/5)
Wages are paid on an hourly basis.
•To calculate wages we multiply the hourly rate by the number of hours.
•To calculate hourly rate we divide the wage by the number of hours.
•To calculate number of hours we divide the wage by the hourly rate.
End ofSlide
3
Wages (2/5)
•An additional allowance is paid for working under unfavourable conditions.
•Casual rates are higher than normal rates of pay as no sick leave or holiday pay is usually paid.
End ofSlide
4
Wages (3/5)
To calculate wages we multiply the hourly rate by the number of
hours.Example 1:
How much is Bob’s wage if he earns $37/hour for 40 hours?
Pay =
$37/hr
Hourly Rate
x 40 hrs
Number of hours
= $1480End ofSlide
5
Wages (4/5)
To calculate hourly rate we divide the wage by the number of hours.
Example 2:What is Bob’s hourly rate if he earns $1
480 for a 40 hour week?
Hourly rate =
$1480
Wage
÷ 40 hrs
Number of hours.
= $37/hrEnd ofSlide
6
Wages (5/5)
To calculate number of hours we divide the wage by the hourly
rate.Example 3:How many hours does Bob’s need to work
if he wants to earn $1 480 at $37/hour?
Hours = $1480
Wage
÷ $37/hr
Hourly Rate.
= 40 hoursEnd ofShow