Question

Talia sells educational software for a base yearly salary of $65,000 plus a 2.65% commission on her total sales. If Talia sells $2.5 million of software during one year, what are Talia’s earnings for that year?

Answer 1

The correct answer is $131250

Explanation:

Talia's earnings during one year are equal to her base yearly salary ($65000) added to her commission. Now, to know the commission it is necessary to find the 2.65% of her total sales ($2.5 million)

1. Divide the total sales or 2,500,000 by 100 considering this represents the total or 100%

2,500,000 ÷ 100 = 25000

2. Multiply this number by the specific percentage (2.65)

25000 x 2.65 = 66250

Now add the commission and the yearly salary

65000 + 66250 = 131250

This means the total earnings of Talia were $131250