Question

A salesperson is paid an 8.25% commission on sales when the invoice is

pald. This month's paid invoices totaled $49,900. What is the salesperson's
commission for this month?

Answer 1

The salesperson's commission for this month is: $4116.75

Explanation:

Given

Current month's paid invoice's total = $49,900

Commission = 8.25% = 0.0825

To determine

What is the salesperson's commission for this month?

The salesperson's commission for this month can be determined by multiplying the invoice's total i.e. $49,900 with the commission percentage of 0.0825.

Thus,

Commission amount = 49,900 × 8.25%

= 49,900 × 0.0825 ∵ 8.25% = 0.0825

= $4116.75

Therefore, the salesperson's commission for this month is: $4116.75