Question 35 of 81
Q.If standard time is 12 hours, actual time is 6 hours and rate per hour is Rs. 9, find out the total earnings under Halsey premium plan.
ChseodishaCHSE Odisha Plus Two (Class 12) Commerce Board 2020Subjective· 2mImportance★★★★★est
43% · 35/81 Questions
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Start your 14-day free trial to unlock the full solution →Halsey earnings = time wages Rs. 54 + bonus Rs. 27 = Rs. 81.
Formula (Halsey, 50% plan)
Total earnings = (Actual time x Rate) + 50% x (Time saved x Rate)
Given data
| Particulars | Value |
|---|---|
| Standard time | 12 hours |
| Actual time | 6 hours |
| Rate per hour | Rs. 9 |
Step 1 - Time saved = Standard time - Actual time = 12 - 6 = 6 hours
Step 2 - Time wages = Actual time x Rate = 6 x 9 = Rs. 54
Step 3 - Bonus = 50% x Time saved x Rate = 0.50 x 6 x 9 = Rs. 27
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