Question

5. Jim works as a salesman in a clothing store. He is paid $11.25 an hour and works an 8-hour

shift, 5 days a week. He earns a commission of 6.5% on all of his sales. On a typical day, his
sales total $750.00.
a. Estimate how much Jim will earn in a week. (10.11 Meeting)
b. Estimate how much Jim will earn in a month. Assume 4 weeks per month
(10.11 Meeting)

Answer 1

Explanation:

5a.

8 hours a day, 5 days a week. $11.25 per hour.

his base salary will be

8×5×11.25 = $450.00

and he earns commission on sold products.

$750 sales per day (again 5 days a week).

6.5% = ?

100% = $750

1% = 100%/100 = 750/100 = $7.50

6.5% = 1% × 6.5 = 7.5×6.5 = $48.75

he will therefore earn 450+48.75 = $498.75 per week.

5b.

4 weeks per month.

therefore his monthly income will be 4 times the weekly income :

4×498.75 = $1995.00

Answer 2

a) $55.000

b) $42.000

c) 88.000

Explanation: