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A large auto concern that employs 1,000 workers pays each of these workers $4 per hour for the first 40 hours worked during a week and x percent more than that rate for hours worked in excess of 40. If the total payroll for the workers at the end of a week in which 40 percent of them worked 20 hours, 30 percent worked 40 hours, and the rest worked 60 hours is $156,800, what is x?
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40% of 1000, work for 20 hrs = .4*1000*20*4 = 32000 ---A 30% of 1000, work for 40 hrs =.3*1000*40*4 = 48000 ---B remaining 30% 1000 work for 60 hrs = .3*1000*60*p= 156,000-(A+B)=76000 so p =4.2 which is 0.2/4*100 % more which is 5% more .
A large auto concern that employs 1,000 workers pays each of these workers $4 per hour for the first 40 hours worked during a week and x percent more than that rate for hours worked in excess of 40. If the total payroll for the workers at the end of a week in which 40 percent of them worked 20 hours, 30 percent worked 40 hours, and the rest worked 60 hours is $156,800, what is x?
Still interested in this question? Check out the "Best Topics" block above for a better discussion on this exact question, as well as several more related questions.