Multiple choice

Directions: Choose the correct option for the given question.

For a work order, standard time and time taken are 20 hours and 15 hours respectively. Time rate being Rs. 2 per hour, total wages under Rowan premium plan will be

  1. Rs. 20.5

  2. Rs. 30.5

  3. Rs. 37.5

  4. Rs. 35

  5. Rs. 35.7

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Under the Rowan plan, wages = (Time Taken * Rate) + ((Time Saved / Standard Time) * Time Taken * Rate). Here: (15 * 2) + ((5 / 20) * 15 * 2) = 30 + (0.25 * 30) = 30 + 7.5 = 37.5.