Question

A sales person earns commission on the sales that she make each month The sales person earns a 5% commission on the first $5000 she has in sales The sales person earns 7.5% commission on the amount of her sales that are greater than $5000 This month the sales person had $8000 in sales. What amount of commission, in dollars, did she earn?

Answer 1

Answer:

Amount of commission earned by the sales rep = $475

Explanations:

Commission earned on $5000 sales = 5%

Commission earned on the amount of her sales greater than $5000 = 7.5%

Total sales made by the sales rep this month = $5000

This means that she will earn a commission of 5% on the first $5000 then earn 7.5% on the remaining $3000

Commission earned on the first $5000 = 5% of $5000

Commission earned on the first $5000 = 5/100 x 5000

Commission earned on the first $5000 = $250

Commission earned on the remaining $3000 = 7.5% of $3000

Commission earned on the remaining $3000 = 7.5/100 x $3000

Commission earned on the remaining $3000 = $225

Amount of commisision earned by the sales rep = $250 + $225

Amount of commission earned by the sales rep = $475