I really need help!
Calculate the total holiday pay, to the nearest cent, for a worker who is given a holiday loading of 18% of 4 weeks normal pay, and earns:
$2800 in 4 weeks
I think 18% is above their usual earning rate
1.18 (4 weeks ) x = 2800 where x is usual pay rate per week
x = $ 593 .22 /week
So if they usually earn 593.22 per week
593.22 = 2372.88
their loading bonus would be 2800- 2372.88 = 427.12 for 4 weeks ....= 106.78 bonus per week
Holiday pay is the usual pay plus the 18%
So all you need to do is add 18% on $2800
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2800/100 = 1%
1% x 118 = Answer