What was his hourly rate of pay?
Understand the Problem
The question is asking us to calculate the student's hourly rate of pay based on the total hours worked and the total earnings for the week. We will find the total hours worked and then divide his total earnings by that number to find the hourly rate.
Answer
The hourly rate of pay is $7.50.
Answer for screen readers
The hourly rate of pay is $7.50.
Steps to Solve
- Calculate Total Hours Worked
The student worked 5 days for 8 hours each day.
To find the total hours worked, we multiply the number of days by the hours worked each day:
$$
\text{Total Hours} = 5 , \text{days} \times 8 , \text{hours/day} = 40 , \text{hours}
$$
- Calculate Hourly Rate
To find the hourly rate of pay, we divide the total earnings by the total hours worked: $$ \text{Hourly Rate} = \frac{\text{Total Earnings}}{\text{Total Hours}} = \frac{300}{40} $$
- Perform the Division
Now, we calculate the hourly rate: $$ \frac{300}{40} = 7.5 $$
- Final Answer
Thus, the hourly rate of pay is $7.50.
The hourly rate of pay is $7.50.
More Information
The calculation shows the basic relationship between total earnings, total hours worked, and hourly rates. Knowing how to derive an hourly wage from total earnings is a fundamental skill in personal finance.
Tips
- Forgetting to multiply the number of days by hours worked can lead to miscalculating total hours.
- Dividing total earnings by the incorrect number of hours or mixing up variable values.
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