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Vikentia [17]
3 years ago
12

Penny makes $5,400 a month plus commission. She gets 3% of everything she sells. If Penny sold $62,000 worth of items this month

, what is her salary for the month?
Mathematics
1 answer:
IrinaVladis [17]3 years ago
7 0

Answer:

Her salary for the month = $7260

Step-by-step explanation:

Given

  • Base Salary = $5,400
  • Amount sold = $62,000
  • Percentage rate = 3%

To determine

  • Salary for month = ?

Given that Amount sold = $62,000 and Percentage rate 3%

so

Salary from commission rate = Amount sold × Percentage rate

                                                = $62,000 × (3 / 100) = $1860

  • Thus, the total salary can be calculated by adding Base salary and Salary from the commission rate.

so

Total salary = Base salary + Salary from commission rate

                   = $5,400 + $1860

                   = $7260

Hence, her salary for the month = $7260

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