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An employment agency is seeking a newspaper advertising salesperson. The monthly pay is $2,500 ...
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An employment agency is seeking a newspaper advertising salesperson. The monthly pay is $2,500 ...
An employment agency is seeking a newspaper advertising salesperson. The monthly pay is $2,500 salary plus a 2.5% commission on sales up to $60,000 and 5% on sales over $60,000. The advertisement also states that normal sales should usually be at least $75,000. What would be the total pay for a person who sold the expected minimum?
Textbook
Contemporary Business Mathematics for Colleges
Edition:
16
th
Authors:
Deitz, Southam
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$75,000
-
$60,000 = $15,000; $60,000
´
0.025 = $1,500;
$15,000
´
0.05 = $750; $1,500 + $750 + $2,500 = $4,750
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