Question

Jim Tree receives a salary of $120.00 per week plus commission of 1% on sales to $3,000 and 2% on amounts over $3,000. Jim averages $9,650.00 dollars in sales per week. His expected total earnings for one week would be

Answer 1

120 + 0.01(3000) + 0.02(9650 - 3000) =
120 + 30 + 0.02(6650) =
150 + 133 =
283 <==

Answer 2

the expected salary of the Jim per week will be equal to $ 283

Explanation:

given,

Jim Tree salary = $120.00 per week

1% commission for the sale of $3,000

and 2% on amounts over $3,000.

Jim average sale = $9,650.00 sales per week

Expected Jim earning will be

= $120.00 + 1% of $3000 + 2% of (9650-3000)

= $120.00 + 0.01 × 3000 + 0.02 × 6650

= $ 283

hence, the expected salary of the Jim per week will be equal to $ 283