Steve receives a commission of $500 per sale on the first 4 sales he makes a $600 per sale for the next 6 sales he makes during a month. What is the
average commission Steve receives per sale during a month?
560
using 10 sales (he may have more or less)
[(500 * 4) + (600 * 6)] / 10 = 560
To find the average commission Steve receives per sale during a month, we need to calculate the total commission earned and divide it by the total number of sales.
Let's break down the calculation step by step:
1. Calculate the commission for the first 4 sales at $500 per sale:
Commission for the first 4 sales = $500 * 4 = $2000
2. Calculate the commission for the next 6 sales at $600 per sale:
Commission for the next 6 sales = $600 * 6 = $3600
3. Calculate the total commission earned for the month:
Total commission = Commission for the first 4 sales + Commission for the next 6 sales
= $2000 + $3600
= $5600
4. Calculate the total number of sales made during the month:
Total number of sales = 4 (for the first 4 sales) + 6 (for the next 6 sales)
= 10
5. Calculate the average commission per sale:
Average commission per sale = Total commission / Total number of sales
= $5600 / 10
= $560
Therefore, the average commission Steve receives per sale during a month is $560.