Quantitative Literacy Practice Exam 2025 – Comprehensive Preparation Guide

Question: 1 / 400

What is the decreased annual pay if an employee's salary of $43,992 is based on 52 weeks, reduced to 48 weeks?

$2,000

$3,384

To determine the decreased annual pay when an employee's salary based on 52 weeks is reduced to 48 weeks, one first needs to calculate the weekly salary based on the original annual salary.

The weekly salary can be calculated by dividing the total annual salary by the number of weeks in a year (52 weeks):

$43,992 ÷ 52 = $846

Next, to find out the total annual pay for 48 weeks, multiply the weekly salary by the reduced number of weeks:

$846 × 48 = $40,608

Now, to find the decreased annual pay, subtract the new annual pay from the original salary:

$43,992 - $40,608 = $3,384

This amount represents the decrease in annual pay due to the reduction in weeks worked. Thus, the decreased annual pay is indeed $3,384. The calculations confirm that the correct response aligns with this decrease, providing a clear understanding of how the annual pay adjusts based on changes in the number of weeks worked within the year.

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$4,992

$3,000

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