Armand earns $96 for each camcorder that he sells. If he works 4 days a week for 8 hours each day and sells 16 camcorders a week on average, what is his average hourly wage?
Answer:
The average hourly wage is $ 48.
Step-by-step explanation:
Given,
The cost of each camcorder = $ 96,
Also, the working days = 4,
Each day, working hours = 8,
Thus, the total working hours = 4 × 8 = 32,
Now, the number of sold camcorder = 16,
So, the total revenue after selling them = 16 × price of each camcorder
= 16 × 96
= $ 1536
Hence, the average hourly wages = \(\frac{\text{Revenue}}{\text{Number of working hours}}\)
\(=\frac{1536}{32}\)
\(=\$48\)