Question

A trampoline salesman makes $25,000 annually plus 6% commission on his total sales.

If he sold $40,000 worth of trampolines this year, what are his total earnings?

Answer 1

$27,400.

Explanation:

We know that the salesman makes $25,000 annually plus 6% commission on his total sales.

We also know that he sold $40,000 worth of trampolines this year.

So we can find out his commission by multiplying the value of sales with 6% commission rate.

Commission = 0.06 * $40,000 = $2400

To find out his total earnings we need to add his annual salary with commission earned.

Total earnings = $25,000 + $2400 = $27,400

So the salesman's total earnings for this year is $27,400.