Tiffany makes $4000 a month plus some money by commission rates. She gets 4% of everything she sells. If Tiffany sold $40000 worth of items this month, what is her salary for the month?
4,000 + (0.04 * 40,000) = $___________
20,00 will be the answer to the question
To calculate Tiffany's salary for the month, we need to determine the commission she earned from selling $40,000 worth of items and add it to her base salary of $4,000.
First, we need to find the commission amount. Tiffany earns a 4% commission on everything she sells. To calculate her commission, we multiply the amount she sold by the commission rate:
Commission = ($40,000) × (4%) = $1,600
Next, we add the commission to her base salary:
Salary for the month = Base salary + Commission = $4,000 + $1,600 = $5,600
Therefore, Tiffany's salary for the month is $5,600.