Question

You have been contracted to replace a countertop in a kitchen. You will get paid $1,000 to do the job. You can complete the job in three days working 8 hours a day. You will need to pay the cost of the materials, which is $525, with the $1,000 that you receive to do the job. How much will you be paid per hour for your time?

Answer 1

$19.79 cents (rounded to the nearest cent)

Explanation:

first subtract the amount needed for materials from your total pay

(1000 - 525 = 475)

take 475 and divide that among the hours you work.

475 / 24 = 19.7916666

round that number to the closest money value

19.79