Question

Steve recieves a commission of $500 per sale on the first 4 sales he makes a $600 per sale for the next 6 sales he makes during a month. What is the average commission Steve recieves per sale during a month?

Answer 1

Steve's average commission per sale is calculated by dividing the total commission of $5,600 for 10 sales by the number of sales, yielding an average of $560 per sale.

Step-by-step explanation:

Steve receives two different commission rates based on the number of sales he makes in a month. For the first 4 sales, he receives $500 per sale, and for the next 6 sales, he earns $600 per sale. To find the average commission he receives per sale during a month, we must calculate the total commission for all sales and then divide by the total number of sales.

Calculate the commission for the first 4 sales: 4 sales × $500/sale = $2,000.

Calculate the commission for the next 6 sales: 6 sales × $600/sale = $3,600.

Add the commissions from both sets of sales: $2,000 + $3,600 = $5,600.

Find the total number of sales: 4 sales + 6 sales = 10 sales.

Divide the total commission by the total number of sales to find the average commission: $5,600 ÷ 10 sales = $560 per sale.

Therefore, the average commission Steve receives per sale during a month is $560.

Answer 2

Amount of commission received by Steve for the first 4 sales of the month = $500
Amount of commission received by Steve for the next 6 sales of the month = $600
Amount of commission made by Steve
for the first 10 sales of the month = (500 + 600) dollars
= 1100 dollars
Average commission received by Steve per sale during the month = 1100/10 dollars
= 110 dollars
So the average commission received by Steve for a single sale during the month is $110. I hope the procedure is clear enough for you to understand.