Question

On stat holidays Samir is paid 155% of his regular hourly rate if he works overtime

hours. His overtime wage is $42.73 an hour. What is his regular rate?

Answer 1

$27.56

Explanation:

We can use the information given to set up an equation and solve for Samir's regular hourly rate.

Let's let "r" be Samir's regular hourly rate.

When Samir works overtime hours on a statutory holiday, he is paid 155% of his regular hourly rate. This means he is paid 1.55 times his regular hourly rate.

His overtime wage is given as $42.73 an hour.

So we can set up the following equation:

1.55r = $42.73

To solve for "r", we can divide both sides by 1.55:

r = $42.73 / 1.55

r = $27.56

Therefore, Samir's regular hourly rate is $27.56.