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A television production company charges $22001 for 3 hours of work and $40574 for 7 hours of work. Find the hourly rate

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Answer:

hourly rate for 3 hours of work: $7333.67 per hour

hourly rate for 7 hours of work: $5796.29 per hour

Explanation:

To find the hourly rate of the company, we just need to divide the price charged by the number of hours of work. As we have two types of work (3 hours work and 7 hours work), we can find the hourly rate for each one. So, for the 3 hours work, the hourly rate is:

rate_3h = 22001 / 3 = $7333.67 per hour

And the rate for the 7 hours work is:

rate_7h = 40574 / 7 = $5796.29 per hour

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