josephcousin382 josephcousin382
  • 11-09-2018
  • Mathematics
contestada

Iris charges a fee for her consulting services plus an hourly rate that is 1 1/5 times her fee. On an 7 hour job iris changed $470. What is her hourly rate

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Stilisvvs Stilisvvs
  • 11-09-2018
Mark the fee as x. Then, make the following equation :
[tex]x + 7 \times 1.2x = 470 \\ x + 8.4 x = 470 \\ 9.4x = 470 \\ x = 470 \div 9.4 \\ x = 50[/tex]
The initial fee is $ 50, and the hourly rate is 1.2 times higher. Thus, the hourly rate is
[tex]50 \times 1.2 = 60[/tex]
Her hourly rate is $60.
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