New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    A worker is paid ₹500 for 8 hours of work. If he works

    for 6 hours overtime at 1.5 times his regular hourly rate, what will be his total pay for 14 hours of work?
    A ₹850 Correct Answer Incorrect Answer
    B ₹1050.5 Correct Answer Incorrect Answer
    C ₹1062.5 Correct Answer Incorrect Answer
    D ₹1200 Correct Answer Incorrect Answer
    E ₹1250 Correct Answer Incorrect Answer

    Solution

    Hourly rate = ₹500 / 8 = ₹62.5 Overtime rate = 1.5 × ₹62.5 = ₹93.75 Pay for 8 hours = ₹500 Pay for 6 hours of overtime = 6 × ₹93.75 = ₹562.5 Total pay = ₹500 + ₹562.5 = ₹1062.5 Correct answer: c) ₹1062.5

    Practice Next