Question

Edison has a sales job and receives $45,448 as his annual pay, plus commission. His company pays him a commission of 15% on his total sales. If he makes sales of $25,000 in the first 3 months, how much will he be paid for those 3 months?

Answer 1

Commission received by Edison =$15112

Explanation:

It is given that,

Edison has a sales job and receives $45,448 as his annual pay, plus commission.

His company pays him a commission of 15% on his total sales.

He makes sales of $25,000 in the first 3 months,

The commission paid for those month is 15% of $25,000

Commission = (15 x 25,000 )/100 =$ 3750

To find amount paid for 3 months

Amount = 45,448/4 = $11362

he will be paid for those 3 months =11362 + 3750 = $15112