Question

A company pays sales staff a monthly commission of:4% on the first $15,000 of sales6% on the next $20,000 of sales7.5% on all sales above $35,000What amount would Tony earn if his sales for a month were $41,000?

Answer 1

Tony's Commission for the month where his sales was $41,000 is

= $2,250

Step-by-step explanation

4% on the first $15,000 of sales

6% on the next $20,000 of sales

7.5% on all sales above $35,000

So, if the sales in a month is $41,000, there will be

4% on the first $15,000 of sales

6% on the next $20,000 of sales

7.5% of the remaining $6,000

Tony's Commission = (4% × 15,000) + (6% × 20,000) + (7.5% × 6,000)

= (0.04 × 15,000) + (0.06 × 20,000) + (0.075 × 6,000)

= 600 + 1,200 + 450

= $2,250

Hope this Helps!!!