A horticultural worker is paid £16 per hour for standard hours. Overtime is paid at one and a half times the standard hourly rate. Deductions are 20% of gross pay. The worker completes 35 standard hours each week and wants to receive £640 net pay.
Calculate the number of overtime hours the worker must complete each week to receive £640 net pay.
149 exam-style questions on AQA GCSE Economics 1.5 Competitive and concentrated markets, covering 1.5.1a The range of market structures, 1.5.1b Distinguishing between market structures, 1.5.2a Characteristics of a competitive market, 1.5.2b How producers operate in competitive markets, 1.5.2c The economic impact of competition, 1.5.3a Characteristics of a non-competitive market, 1.5.3b How producers operate in non-competitive markets, 1.5.3c Monopoly and oligopoly, 1.5.4a The labour market and wage determination, and 1.5.4b Gross and net pay. Each one has a worked solution and a mark scheme showing where the marks go.