Question

Myron earns $5.50 per hour plus 2.75% commission on all goods sold.One week he worked 40 hours and sold $6,340 worth of goods. What werehis weekly earnings?a. $220b. $394.35c. $174.35d. $5,970

Answer 1

Step 1 :

In this question, we have that Myron earns $5.50 per hour

plus 2.75% commission on all goods sold.

In one week, he worked 40 hours and sold $6,340 worth of goods.

We are asked to get his weekly earnings.

Step 2 :

For the 40 hours that he worked, his pay would be:

`\begin{gathered} 1\text{ hour = \$ 5.50} \\ 40\text{ hours = \$ ( 40 x 5.50 ) = \$ 220} \end{gathered}`

Then, for the worth of goods he sold, we have that:

`\begin{gathered} 2.75\text{ \% of \$ 6, 340} \\ (2.75)/(100)\text{ x \$ 6, 340 = }\frac{17,\text{ 435}}{100}\text{ = \$ 174. 35} \end{gathered}`

Step 3 :

Next, we calculate the total Gross- Earnings, we have that:

`\text{ \$ 220 + \$ 174. 35 = \$ 394. 35 --- OPTION B}`

CONCLUSION:

The final answer is :

`\text{ \$ 394. 35 --- OPTION B }`