Subjects algebra

Overtime Rate C56228

Step-by-step solutions with LaTeX - clean, fast, and student-friendly.

Use the AI math solver

Question: Given a daily rate of ₱840.00 and a basic hourly rate of ₱105.00, find the overtime rate of overtime pay on an ordinary working day,
1. **State the problem:** We need to find the overtime rate of pay given a daily rate of 840 and a basic hourly rate of 105. 2. **Recall the formula:** The overtime rate on an ordinary working day is usually 1.25 times the basic hourly rate. 3. **Calculate the overtime rate:** $$\text{overtime rate} = 1.25 \times \text{basic hourly rate}$$ $$= 1.25 \times 105$$ 4. **Perform the multiplication:** $$= 131.25$$ 5. **Interpretation:** The overtime rate of pay on an ordinary working day is 131.25 per hour. **Final answer:** $$\boxed{131.25}$$