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Hillier Hillier
wrote...
Posts: 550
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6 years ago
Florence Lamb is paid a commission of 10 3/4% on her net sales and is authorized to draw up to $900.00 a month. What is the amount due to Florence at the end of a month in which she drew $820.00, had sales of $14 660.00, and sales returns of $331.20?
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
Authors:
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Replies
wrote...
6 years ago
Gross sales    =    $14660.00
Less: returns    =       331.20
Net sales    =    14328.80
Gross commission = 14328.80 × .1075 =   1540.35
Less: drawings    820.00
Amount due    $720.35
Hillier Author
wrote...
5 years ago
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