A sales lady earns 12% Commission on goods sold above sh 200,000.Calculate the value of goods sold if she earned sh 14400 as commission??
The value of goods would be 120,000
12% = 0.12
0.12 * 100 = 14,400 * 100
12 = 1,440,000
12/12 = 1,440,000/12
= 120,000
12% of 120,000 = 14,400
Hope this helps :3
she sold 120,000 above 200,000.
0.12 (x-200000) = 14400
x = 320,000
To calculate the value of goods sold, we need to divide the commission earned by the commission rate and then add the threshold amount.
Let's break down the problem:
Commission Rate: 12% (0.12)
Commission Earned: sh 14400
Threshold Amount: sh 200,000
First, we need to find the commission earned above the threshold. We can do this by subtracting the threshold amount from the total commission earned:
Commission earned above threshold = Commission earned - Threshold amount
= sh 14400 - sh 200,000
= sh -185,600 (This means the saleswoman did not reach the threshold)
Since the saleswoman did not meet the threshold, the value of goods sold is below sh 200,000. Therefore, we cannot calculate the exact value of goods sold based solely on the commission earned.
If you have additional information, such as the commission rate for sales below the threshold or the total commission earned, we can further assist in calculating the value of goods sold.