Given:
Lamont cotton is 4% commission on the first 10,000 of monthly sales and 10% on all sales over 10,000.
Consider his last month sales is 38,000.
To find:
The total commission.
Solution:
4% commission on the first 10,000 of monthly sales is
Sales over 10,000 is
10% commission on all sales over 10,000 is
Now, the total commission is
Therefore, the total commission is 3,200.
Answer:
The cooking club sales covers the expenditure when 2 piece of cakes are sold.
Step-by-step explanation:
Given:
Selling price of each piece of cake = $10
Cost for booth at fair = $10
Ingredients for each piece of cake = $5
We need to find the number of pieces of cake sold when the sales cover the expenditures.
Solution:
Let the number of pieces be 'x'
So We can say that the point at which the sales cover the expenditures can be calculated as Selling price of each piece of cake multiplied by number of pieces will be equal to Cost for booth at fair plus Ingredients for each piece of cake multiplied number of piece of cakes.
framing in equation form we get;
Now Subtracting both side by '5x' using Subtraction property we get;
Now Dividing both side by 5 we get;
Hence The cooking club sales covers the expenditure when 2 piece of cakes are sold.