Take home pay is $8 per hour and a clothing item costs $80. How much working time does the item cost?

1. Pricing a purchase in working time turns dollars into hours. 2. Divide the price of the item by take home pay per hour. 3. The price is $80 and take home pay is $8 per hour. 4. $80 divided by $8 per hour gives 10 hours. 5. So the item costs 10 hours of work. 6. Answering 8 hours repeats the hourly rate instead of dividing by it. 7. Answering 16 hours doubles the correct figure, as if pay were $5 per hour. _Source: FDIC Money Smart for Adults (September 2018), Module 5: Your Savings, section Apply It: My Quick Tips for Finding Money to Save_