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A salesperson gets paid a salary of $2,150 per month, with a graduated commission plan that pays ...
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A salesperson gets paid a salary of $2,150 per month, with a graduated commission plan that pays ...
A salesperson gets paid a salary of $2,150 per month, with a graduated commission plan that pays 2.5% on sales up to $40,000, 3% on sales between $40,000 and $80,000, and 3.5% on sales over $80,000. Compute the total pay for the salesperson during a month when sales were $106,500.
Textbook
Contemporary Business Mathematics for Colleges
Edition:
16
th
Authors:
Deitz, Southam
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$106,500
-
$80,000 = $26,500; $40,000
´
0.025 = $1,000; $40,000
´
0.03 = $1,200;
$26,500
´
0.035 = $927.50; $2,150 + $1,000 + $1,200 + $927.50 = $5,277.50
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