Mr. Fernandez earns ₱28.50 per hour as an office clerck.He earns 1.75 times as his regular rate for overtime.His regular work is 40 hours per week.He gets overtime pay if he works more than 40 hours.how much is his total earnings if he works 45 hours in one week?
Answer: PHP 1, 389.3750 or PHP 1, 389.375
SOLUTION:
PHP 28.50 per hour
1.75 times if overtime
40 x 28.50 = 1, 140
PHP 1, 140 for 40 hours
5 x 28.50 = 142.50
PHP 142.50 for 5 hours (45-40 = 5)
142.50 x 1.75 = 249.3750
PHP 249.3750
PHP 1, 140.0000 + PHP 249.3750
= PHP 1, 389.3750
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