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An insurance salesman earns a base pay of $31,700 per year and a commission of 17% of all sales made. if he sold $29,600 worth of products last year, what were his total earnings last year?

2 Answers

6 votes
$36,732 , hopes this helps!
User Donald Burr
by
6.6k points
3 votes

Answer:

His total earnings last year is: $ 36,732

Explanation:

It is given that:

An insurance salesman earns a base pay of $31,700 per year and a commission of 17% of all sales made.

If he sold $29,600 worth of products last year.

This means that the commission on the sales will be:

17% of 29,600

= 0.17 of 29,600

= 0.17Ă—29,600

= $ 5,032

Hence, the total earnings he made last year= Base pay+Commission on sales made.

i.e.

Total earning= 31,700+5,032

i.e.

Total earning= $ 36,732

User Avishekh Bharati
by
6.2k points
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