An insurance company has hired a sales representative, and has agreed to pay him a fixed salary of $2,000 per month, along with

Question

3 years ago

14

An insurance company has hired a sales representative, and has agreed to pay him a fixed salary of $2,000 per month, along with

a commission of 2% on every sale made by him in a month. For the month of March, 20X1, the sales representative made a total sales of $15,000. Calculate the cost of the sales representative for the month.

Mathematics

1 answer:

valkas [14] · Answer 1 · 2022-01-18T07:32:06+03:00

valkas [14]3 years ago

4 0

Answer:

$2300

Step-by-step explanation:

The commission earned by the representative is ...

commission = 0.02 × $15,000 = $300

so the total to be paid to the sales representative is ...

salary + commission

= $2000 +300 = $2300