Question

Penny makes $5,400 a month plus commission. She gets 3% of everything she sells. If Penny sold $62,000 worth of items this month, what is her salary for the month?

Answer 1

Her salary for the month = $7260

Explanation:

Amount sold = $62,000

Percentage rate = 3%

Salary from commission rate = Amount sold × Percentage rate

= $62,000 × (3 / 100) = $1860

Total salary = Base salary + Salary from commission rate

= $5,400 + $1860

= $7260

Therefore, her salary for the month = $7260