Question

earning a base monthly salary of $4000, plus 5% commission on all her sales. If Jane sold two houses last month, totaling $175,000, what was her total salary for the month?

Answer 1

The total amount earned in the month is $12750

How to determine the total amount earned for the month?

From the question, we have the following parameters that can be used in our computation:

• Commission percentage = 5%
• Base salary = $4000
• Total sales of house in the month = $175,000

The total amount for the month is then calculated as

Amount = Commission percentage x Total sales in the month + Base salary

Substitute the known values in the above equation

So, we have

Amount = 5% x 175000 + 4000

Evaluate

Amount = 12750

Hence, the amount earned is $12750

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