Aptitude Question: Download Questions PDF
A carpenter is paid a contract fee of $2000 for 3 days work. He hires 3 workers who work for 3 days at $75 a day. Calculate and print the amount of money paid to each worker, the total paid to each worker,the total paid to all workers and the amount the carpenter is left with?
Answer:
Each 1 worker who works at $75 per day for 3 days receives $225.
Three workers at $225 each totals to $675.
The carpenter is left owing $325.50 after paying Social Security, Medicare, Payroll taxes, Healthcare benefits. Workman's Compensation insurance, Unemployment insurance, License fees, Bond fees, State, Federal and Local Income taxed, and Sales tax on materials.
We won't get into the bribes necessary to get the inspector to show up in a timely manner and approve the work. That probably wasn't part of the question.
Three workers at $225 each totals to $675.
The carpenter is left owing $325.50 after paying Social Security, Medicare, Payroll taxes, Healthcare benefits. Workman's Compensation insurance, Unemployment insurance, License fees, Bond fees, State, Federal and Local Income taxed, and Sales tax on materials.
We won't get into the bribes necessary to get the inspector to show up in a timely manner and approve the work. That probably wasn't part of the question.
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