Question

Each of eight workers is to be given a severance package from an account containing $22,840. From this account, four workers are to be given $500 each and the other four $1,000 each. From the remainder, each of these workers is to receive an equal share. How much will each worker get?

Answer 1

So, each worker will receive $2,105 from the remaining amount.

Explanation:

Let's break this problem down step by step:

Four workers are to be given $500 each, which means this is a total of 4 workers * $500 = $2000.

The other four workers are to be given $1000 each, which is a total of 4 workers * $1000 = $4000.

From the original account of $22,840, the total amount distributed is $2000 + $4000 = $6000.

Now, we need to find the remainder after distributing $6000 from the account.

Original account balance: $22,840

Amount distributed: $6000

To find the remainder, subtract the amount distributed from the original account balance:

$22,840 - $6000 = $16,840

Now, this remaining amount, $16,840, is to be shared equally among the eight workers. To find how much each worker will get, divide the remaining amount by the number of workers:

$16,840 / 8 workers = $2,105 per worker

So, each worker will receive $2,105 from the remaining amount.