Business Mathematics - SHS

It refer to the earnings received by a worker on a piece rate, hourly rate, or daily rate.

• Wages

• Salary

• Basic pay

• Income

It refers to the excess payment over the regular rate.

• Overtime pay

• Overtime premium

• Overtime salary

• Overtime wages

Assuming that the minimum daily wage rate is Php340.00, how much is the hourly rate?

Assuming that the minimum daily wage rate is Php340.00, how much is the overtime rate per hour? Assuming that the overtime rate is 25% of regular hourly rate.

Myrna earns the regular daily rate of Php340.00 giving her an hourly rate of Php42.50. If she works 10 hours on a regular day, what would be her overtime pay? Assuming that the overtime rate is 25% of regular hourly rate.

Myrna earns the regular daily rate of Php340.00 giving her an hourly rate of Php42.50. If she works 10 hours on a regular day, what would be her overall pay? Assuming that the overtime rate is 25% of regular hourly rate.

Which of the following hourly rate of the employee on a rest day or special day?

• 130% of regular hourly rate

• 150% of regular hourly rate

• 200% of regular hourly rate

• 260% of regular hourly rate

Which of the following hourly rate of the employee on a rest day which Falls on a Regular Holiday?

• 125% of regular hourly rate

• 150% of regular hourly rate

• 200% of regular hourly rate

• 260% of regular hourly rate

Which of the following hourly rate of the employee on a Regular Holiday?

• 125% of regular hourly rate

• 150% of regular hourly rate

• 200% of regular hourly rate

• 260% of regular hourly rate

Which of the following hourly rate of the employee on a rest day and Special day?

• 130% of regular hourly rate

• 150% of regular hourly rate

• 200% of regular hourly rate

• 260% of regular hourly rate