Examveda
Examveda

A worker is allowed 60 hours to complete the job on a guaranteed wage of Rs 10 per hour Under the Rowan Plan, he gets an hourly wage of Rs 12 per hour For the same saving in time, how much he will get under the Halsey Plan?

A. Rs. 720

B. Rs. 540

C. Rs. 600

D. Rs. 900

Answer: Option B


This Question Belongs to Commerce >> Costing

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Comments ( 5 )

  1. DIANA S
    DIANA S :
    3 years ago

    If it so. Then why can't get the answer by substitute the value of time saved and time allowed in Rowan plan.

  2. Vivekanandan Krishnamoorthy
    Vivekanandan Krishnamoorthy :
    4 years ago

    Given in the problem is Standard hours 60
    Basic wages is 10 per hour
    Wages under Rowan scheme is 12 per hour. So difference 2 per hour is the incentive under Rowan.

    Now Rowan incentive formula is (Actual hours / Std hours) (Time saved) (Basic Rate)

    Let time saved be assumed to be x

    Substituting in formula (x/60)(60-x)*10 = 2x
    (x/60)(60-x) = 0.2x
    x(60-x) = 12x
    60x - x-squared = 12x
    -x squared = -48x
    x squared = 48x
    x = 48 so Actual hours worked is 48

    Time saved is 60-48 = 12 Hours


  3. Nitesh Mishra
    Nitesh Mishra :
    6 years ago

    TOTAL WAGES EARNED DURING UNDER ROWAN PLAN 60x12= 720
    TOTAL BONUS EARNED DURING UNDER ROWAN PLAN 720-60X10=120
    ACTUAL TIME SAVED FOR WORK= 120/10=12 HOURS
    ACTUAL TIME TAKEN=60-12=48 HOURS
    WAGES UNDER HALSEY PLAN (48X10+120*50/100)= 540/- ANS (B)

  4. Simran Dubey
    Simran Dubey :
    6 years ago

    solution for it?

  5. Mumtaj Kazi
    Mumtaj Kazi :
    6 years ago

    hi i want solution of above prob in detail

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