Finish Line Day 1

Front

What is the formula to calculate hourly pay when overtime is involved?

Back

Hourly Pay = (Regular Hours x Hourly Rate) + (Overtime Hours x Overtime Rate) where Overtime Rate is typically 1.5 times the Hourly Rate.

Front

If Tina worked 11.5 hours in a day, how many hours are considered overtime?

Back

Overtime hours = Total hours worked - Regular hours (8 hours). So, Overtime hours = 11.5 - 8 = 3.5 hours.

Front

What is 'time and a half' pay?

Back

'Time and a half' pay refers to the pay rate that is 1.5 times the regular hourly wage, typically applied to overtime hours.

Front

How do you convert a percentage to a decimal?

Back

To convert a percentage to a decimal, divide the percentage by 100. For example, 84% = 84/100 = 0.84.

Front

What is the process to add fractions with different denominators?

Back

To add fractions with different denominators, find a common denominator, convert each fraction, and then add the numerators.

Front

What is the formula to find the percentage increase?

Back

Percentage Increase = [(New Value - Old Value) / Old Value] x 100.

Front

How do you find what percentage one number is of another?

Back

To find what percentage one number (part) is of another (whole), use the formula: (Part/Whole) x 100.

Front

What is the first step in solving a problem involving multiple fractions?

Back

The first step is to find a common denominator for all the fractions involved.

Front

If 8 is 40% of a number, how do you find that number?

Back

To find the number, use the formula: Number = Part / (Percentage/100). So, Number = 8 / (40/100) = 20.

Front

What is the significance of 'time and a half' in labor laws?

Back

'Time and a half' is significant in labor laws as it ensures that employees are compensated fairly for overtime work.