• E is the total amount earned ($) • H is the total hours worked (hrs) ## How to Calculate Hourly Rate? The following example problems outline how to calculate Hourly Rate. Example Problem #1: 1. First, determine the total amount earned ($).
• The total amount earned ($) is given as: 1,000. 2. Next, determine the total hours worked (hrs). • The total hours worked (hrs) is provided as: 10. 3. Finally, calculate the Hourly Rate using the equation above: HR = E / H The values provided above are inserted into the equation below and computed. HR = 1,000 / 10 = 100 ($/hr)

Example Problem #2:

For this problem, the variables required are provided below:

total amount earned (\$) = 2,000

total hours worked (hrs) = 10