Illustrations · Q4
Q.A worker is given a Time Allowed of 8 hours for a job at a Time Rate of ₹25 per hour, and completes the job in 6 hours. Calculate the Bonus and Total Earnings under the Rowan Premium Bonus Scheme.
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Start your 14-day free trial to unlock the full solution →Step 1 — Time Saved: Time Allowed − Time Taken = 8 − 6 = 2 hours.
Step 2 — Time-Saved Ratio: Time Saved ÷ Time Allowed = 2 ÷ 8 = 0.25 (i.e. 25%).
Step 3 — Bonus: Time-Saved Ratio × Time Taken × Time Rate = 0.25 × 6 × ₹25 = ₹37.50.
Step 4 — Basic Wages: Time Taken × Time Rate = 6 × ₹25 = ₹150.
Step 5 — Total Earnings: ₹150 + ₹37.50 = ₹187.50. …
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