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10 Dec 2018, 08:54
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
94% (01:24) correct
6%
(02:10)
wrong
based on 1368
sessions
History
Date
Time
Result
Not Attempted Yet
The regular hourly wage for an employee of a certain factory is $5.60. If the employee worked 8 hours overtime and earned 1 1/2 times this regular hourly wage for overtime, how much overtime money was earned?
(A) $67.20
(B) $55.40
(C) $50.00
(D) $44.80
(E) $12.00
(A) $67.20
(B) $55.40
(C) $50.00
(D) $44.80
(E) $12.00
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Chethan92
Joined: 18 Jul 2018
Last visit: 21 Apr 2022
Posts: 901
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Given Kudos: 95
Location: India
Concentration: Operations, General Management
Schools: IIMB EPGP'22 (M)
GMAT 1: 590 Q46 V25
GMAT 2: 690 Q49 V34
WE:Engineering (Energy)
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10 Dec 2018, 09:06
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Regular Wage = $5.6
Overtime wage = 3/2*5.6 = $8.4
For 8 hour overtime, money = 8.4*8 = 64+0.4*8 = 64+3.2 = 67.2
A is the answer.
Overtime wage = 3/2*5.6 = $8.4
For 8 hour overtime, money = 8.4*8 = 64+0.4*8 = 64+3.2 = 67.2
A is the answer.
KanishkM
Joined: 09 Mar 2018
Last visit: 18 Dec 2021
Posts: 755
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Location: India
Schools: DeGroote'21 Desautels '21 NUS '21
11 Feb 2019, 00:15
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HKD1710
Hourly wage = $5.60
Overtime wage = 3/2 * 5.60 = 2.8 * 3 = $8.4
For 8 hours value earned will be 8.4 * 8 = $67.2
A
