Question

A used car sales agent gets 3% of the sales price of every car the

agent sells. The average used car sales price is $20, 500, and the
agent sells an average of 3 cars per week. Rounding to the
nearest thousand, how many dollars can the agent expect to make
on commissions working 50 weeks in a year? (Do NOT include
punctuation in your answer.)

help again lolll

Answer 1

The amount the agent makes on commission working 50 weeks each year is $92250

Explanation:

The given parameters are;

The commission a sales car agent gets from the sales price of each car the agent sells = 3%

The sales price of an average used car = $20,500

The average number of cars the agent sells a week = 3 cars

The number of weeks the agent works in a year = 50 weeks

Therefore, the average total number of cars the agent sells in a year = 50 × 3 = 150 cars

The price of the 150 cars on average the agent sells in a year = $20,500 × 150 = $ 3,075,000

The amount the agent makes on commission working 50 weeks each year at 3% of total sales price = 3/100 × $ 3,075,000 = $92250.