Answer
estimated hourly wage = 30
actual wage = 29.57
Work Step by Step
Number of weeks in a year = 52
Hours per week to work = 40
Person's yearly income = 61500
Therefore, the person's estimated hourly wage will be:
= 60000 / (50x40)
= 60000 / 2000
= 30
Actual hourly wage of the person = 61500 / (40x 52)
= 29.57