Math Problem Statement

He receives holiday loading of 17.5% of 4 weeks pay. His loading was $996.80. A- find his normal weekly pay. B- find his normal hourly rate if he usually works a 40 hour week.

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Proportion
Basic Algebra

Formulas

Holiday Loading = 0.175 × 4 × Weekly Pay
Hourly Rate = Weekly Pay ÷ Hours Worked per Week

Theorems

-

Suitable Grade Level

Grades 9-12