Each year Mark works 40 hours per week for 50 weeks. Last year Mark wa

Question

Each year Mark works 40 hours per week for 50 weeks. Last year Mark was paid a total of $20,000. If this year his hourly pay rate is raised by $0.50, what is the total amount that Mark will be paid this year?

(A) $30,000
(B) $25,000
(C) $22,500
(D) $21,000
(E) $20,020

(A) $30,000
(B) $25,000
(C) $22,500
(D) $21,000
(E) $20,020

lacktutor · Answer

40 hours a week 
50 weeks a year 
———————
$20000 paid last year 
40*50=2000 hours a year 
$20000:2000= $10 an hour 
If it’s paid $10.5 an hour, then 
—> 10.5*2000= $21000 for this year.

The answer is D

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Dreamer24 · Answer

option D,

Mark is working 40*50=2000 hrs in a year and now his wage is increased by 0.50$ hourly.
So total increase is 2000*0.5=1000$ 
This year mark will get 20000+1000=21000$

adstudy · Answer

Mark works 40 Hours - 1 Week

Therefore for 50 Weeks - 40 * 50 Hours of work completed
 = 2000 Hours completed last year by Mark.

Now for 2000 Hours, he got $20,000, 
Applying Unitary Method,
=> 2000 Hours --- $20,000
=> 1 Hour --- $10

This year he will be given $0.50 more per hour than previous year,
Hence, this year 
1 Hour --- $10.5
So, 2000 Hours --- $ (2000 *10.5)
=>  $21,000 for the year

IMO D

Abhishek009 · Answer

Total work hour last week is 40*50 = 2000 ; Total Compensation last year = 20000

So, Hourly wage last year was 20000/2000 = 10

This, years hourly wage is 10.50 , SO Total amount payable is 10.50*2000 = 21000 , Hence Answer must be (D)

Ilishar · Answer

Total number of hours Mark worked for - 50 * 40 = 2000 Hours (40 hours per week and 50 weeks in a year)
Amount payed = $20K
Per Hour Wage = $10/hr
Wage has been increased by $1.5 => $1/2 i.e. 10+1/2 = $21/2

Revised Payment = (21*2000)/2 = $21K

Ans = D

TheNightKing · Answer

By working 40 hours per week for 50 weeks, Mark put in 2000 hours and made 20,000 for the same. That's 10$ per hour. His hourly wage is increased by 5% and that means his annual wage will also go up by 5%.

20000$ increased by 5% will be 21000 and hence D.

Each year Mark works 40 hours per week for 50 weeks. Last year Mark wa

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