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- This topic has 3 replies, 4 voices, and was last updated 5 years ago by sasha.
- AuthorPosts
- September 23, 2017 at 8:10 pm #408457
Sir, please help me with this question.
A production operative is paid $11.00 per hour for a basic 35 hour week. Overtime is paid at 40% above the basic rate. The operative worker worked for 38 hours in week 9. Income tax deduction was $76.40 and benefit contribution payments were:
Employer $40
Employee at 10% of gross payWhat was the net pay of the operative in week 9?
A. $311.68
B. $316.30
C. $271.68
D. $319.29The answer is B: $316.30
September 24, 2017 at 7:01 pm #408526I’m getting $311.68 as the answer. There must be some more detail or there’s any problem in this data.
I think its a question from BPP Kit. They must have provided the answer. Kindly refer to the answer first and then tell what it is in the answer that you don’t understand.
July 29, 2018 at 3:33 pm #465144The correct ans is A. $311.68
January 3, 2019 at 7:36 pm #499901You have to work out the Basic Pay and then the Overtime less the payments:
Basic Pay = 35 hrs x $11 = $385.00
O/T= basic pay + (40% x basic pay) x 3 hrs = ($11.00 + (40% x $11.00) = $46.20
Gross Salary= ( basic pay + overtime) = ($385.00+$46.20) = $431.20
Less Income Tax = ( $76.40)
Less Employee Contributions= 10% of gross pay = 10% x $ 431.20 = $ 43.12Net Salary = Gross Salary – Income Tax + Employee Contributions
= $431.20 – $76.40 – $43.12
= $311.68 (A) - AuthorPosts
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