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artcher [175]
4 years ago
8

A salesperson earns a weekly salary of $600 plus a commission of 1 percent of sales over $2,000. If he earned $650 in a certain

week, what was the amount of his sales?
Business
1 answer:
scoundrel [369]4 years ago
3 0

Answer:

$ 7000

Explanation:

Given data;

Weekly salary of the salesperson = $ 600

Commission earned = 1 % on the sales over $ 2000

The amount earned by the salesman in the week = $ 650

Thus, the commission received = $ 650 - $ 600 = $ 50

Now,

let the amount over $ 2000 for which the commission of $ 50 paid be 'x'

therefore,

1 % of x = $ 50

or

0.01x = $ 50

or

x = $ 5000

Hence, the total sales was of $ 2000 + $ 5000 = $ 7000

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Answer:

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Explanation:

Balance Sheet / Statement of Financial position is used to measure the current financial position of the company. It shows the value of assets liabilities and capital invested in the company. It also provides the net financial value of the company after paying all the liabilities. On the other hand the Income statement or Statement of Financial performance shows the performance of the company in a specified period of time.

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4 0
2 years ago
Determine the degree of the polynomial 2x^2y^3-4xy^2
galben [10]
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4 0
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musickatia [10]

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