Q:

A small business employs 98 people. All of the employees work for 8 hours a day, 5 days a week. Eleven of the employees receive a wage of $45 an hour and the rest receive $30 an hour. In total, how much does the business pay its employees each week?

Accepted Solution

A:
98 people get $30 per hour, and 11 get an additional $15 per hour. Then the total payroll per hour is
.. $(98*30 +11*15) = $3105

So, the payroll for a 40-hour week is
.. 40*$3105 = $124,200