Need to work hours backwards
More of an algebra question than an XL question.
40r + 5*1.5r = 1000
so
r(40 + 5*1.5) = 1000
r = 1000/(40 + 5*1.5)
r = 1000/47.5
r = 21.05
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HTH...
Jim Thomlinson
"Susan" wrote:
I need to calculate hourly rate by a commission amount so I need to work
backwards. Gross pay of $1000 and 45 hours total worked. 5 of those hours
are overtime at time and half. I need to know what the actual hourly rate of
pay would be. I am not sure what function to begin with. Can anyone help
Thanks
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