salesman is paid a commission of 2% on goods sold worth over Ksh 100 000. He is also paid a monthly salary of Ksh 12 000. In a certain month, he sold 360 handbags at Ksh 500 each.
Calculate the salesman earnings that month
Total earned = salary + commission%
= 12000 + 2% (360 500 - 100000)
= 12000 + 2%(180000 - 100000)
= 12000 + 2% 80000
= 12000 + 1600
= Ksh 13600
The following month, the saleswoman monthly salary was increased by 10%. his total earnings that month were Ksh 17 600.
Calculate:
(i) the total amount of money received from the sales of handbags that month;
Increase salary
= 12000(1.1)
= Ksh 13200
= 17600 - 13200
= Ksh 4400
(ii) the number of handbags sold that month.
Total earned - salary = commission
= 17600 - 13200
= 4400
how to find number of handbags
Total sales = 4400/2% + 100000
= 220000 + 100000
Ksh 320000
No of sold
= 320000/500
= 640
Thanks helped alot
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Thanks it helped alot
To find the number of handbags sold in the second month, you need to use the information that the total earnings of the saleswoman that month was Ksh 17,600 and the salary increased by 10%.
First, calculate the new monthly salary after the 10% increase:
New salary = 12,000 * 1.10
New salary = 13,200 Ksh
Next, subtract the new salary from the total earnings to get the commission earned:
Commission = Total earnings - New salary
Commission = 17,600 - 13,200
Commission = 4,400 Ksh
Since the commission is calculated as 2% of the value of goods sold, you can divide the commission by 2% to find the total value of goods sold:
Total value of goods sold = Commission / 2%
Total value of goods sold = 4,400 / 2% = 4,400 / 0.02
Total value of goods sold = 220,000 Ksh
Lastly, divide the total value of goods sold by the price per handbag (Ksh 500) to find the number of handbags sold:
Number of handbags sold = Total value of goods sold / Price per handbag
Number of handbags sold = 220,000 / 500
Number of handbags sold = 440
Therefore, the saleswoman sold 440 handbags in the second month.