Edit: 33% is not [tex]\frac{1}{3}[/tex], therefore my solution is wrong. The correct answer is 0.33 x 496, which is $163.68
The following is the original solution, which is incorrect.
33% = [tex]\frac{1}{3}[/tex]. Multiply the bonus of $496 by [tex]\frac{1}{3}[/tex] to get the solution of [tex]\frac{496}{3}[/tex], or 165 and [tex]\frac{1}{3}[/tex]
Therefore the solution is $165.33
