Question

Dominic earns $285 per week plus an 8% commission rate on all his sales if Dominic sells $4213 worth of merchandise in one week how much will his total earnings for the week be

Answer 1

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Dominic's total earnings is $622.04


Calculate the commission earned on sales:

Commission = (Commission Rate) x (Total Sales)

Commission = (8% or 0.08) x ($4213)

Commission = $0.08 x $4213

Commission = $337.04

Add the base salary to the commission:

Total Earnings = (Base Salary) + (Commission)

Total Earnings = $285 + $337.04

Total Earnings = $622.04

Answer 2

To calculate Dominic's total earnings for the week, you need to add his base salary to the commission he earns from his sales.

Base Salary: Dominic earns a base salary of $285 per week.

Commission: Dominic's commission is 8% of his sales. To find the commission amount, multiply his sales by the commission rate:

Commission = 8% of $4,213

Commission = (0.08) * $4,213

Commission = $337.04

Now, add his base salary and commission to find his total earnings for the week:

Total Earnings = Base Salary + Commission

Total Earnings = $285 + $337.04

Total Earnings = $622.04

So, Dominic's total earnings for the week will be $622.04.