Your local coffee shop has announced new hours of operation. Previously: 7 am – 4 pm Monday thru Friday and 7am to Noon Saturday and Sunday The new hours will be: 7am to 7pm Monday thru Friday and 7am -4 pm Saturday and Sunday a) What is the increase in total hours opened? b) Assuming the hourly wage will stay the same (weekly original payroll $ 385.) What will be the total weekly pay under the new hours? c) What is the percentage increase in total pay?
Total working of old hours = 9 * 5 + 5 * 2 = 55 hours so, the hourly payroll = 385/55 = $ 7 Assume the hourly wage will stay the same
Total working of new hours = 55 + 23 = 78 hours
So, the total weekly pay under the new hours = 78 * 7 = $ 546
===================================================== Part (c): ======== The total pay for old hours = $ 385 The total pay for new hours = $ 546 The increase in the total pay = 546 - 385 = $ 161
The percentage increase in total pay = [tex] \frac{161}{385} *100 = 41.8%[/tex]