Wednesday, September 29, 2010

Each year Mark works 40 hours per week for 50 weeks. Last year Mark

Each year Mark works 40 hours per week for 50 weeks. Last year Mark was paid a total of $20000. If this year his hourly pay rate is raised by $0.50, what is the total amount that Mark will be paid this year?

A. $30000
B. $25000
C. $22500
D. $21500
E. $20020








Total hours worked for 50 weeks = 50*40 = 2000 hours.
Hourly rate = 20000/2000 = $10/hr
New hourly rate = $10.50

Therefore, total amount that Mark will be paid this yr = 10.50 * 2000 = $21000.

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