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3 years ago

10

Last week Lisa had gross earning of $441.30. Cathy receives a base salary of $375 and a commision on sales exceeding her quota o

f $5000. What is her rate of commision if her sales were $6560?

1 answer:

vova2212 [387]3 years ago

6 0

Answer:

4.25%

Step-by-step explanation:

<u>Step 1: Calculate the commission paid</u>

<em>Commission = Gross earning - base salary</em>

<em>Commission = 441.3 - 375</em>

Commission = 66.3

<u>Step 2: Calculate the commission sales</u>

<em>Commission sales = Total sales - quota sales</em>

<em>Commission sales = 6560 - 5000</em>

Commission sales = 1560

<u>Step 3: Calculate the rate of commission</u>

<em>x% of 1560 = 66.3</em>

<em>x% * 1560 = 66.3</em>

<em>x% = 0.0425</em>

x = 4.25%

Therefore, the rate of commission was 4.25%.

!!

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