A jeweler earns $800 per month plus a 3.5% commission on their total number of sales for the month. The salesperson rings for; $8,500, $19,500, $15,950, $11,250.
1. How much would the jeweler be paid for the month?
800+.035(8500+19500+15950+11250) = 2732
Thank you, I understand.
To calculate the total pay for the month, you need to add the fixed salary of $800 to the commission earned on sales.
First, let's calculate the commission earned on sales.
Add up the four sales amounts to get the total sales for the month:
$8,500 + $19,500 + $15,950 + $11,250 = $55,200
To find the commission on sales, multiply the total sales by the commission rate of 3.5%:
$55,200 × 0.035 = $1,932
Next, add the fixed salary and the commission earned:
$800 + $1,932 = $2,732
Therefore, the jeweler would be paid $2,732 for the month.