Question

An employee does not earn sales commission for the first 1000 of sales but earns 15% sales commission on all sales made thereafter. The employees daily sales were as follows this week Monday 800 Tuesday 600 Wednesday 1300 Thursday 800 and Friday 800 how much sales commission did the employee earn this week

Answer 1

$525

Explanation:

To calculate the sales commission for this employee, we need to first calculate the total sales made by the employee for the week. The employee made sales of 800 on Monday, 600 on Tuesday, 1300 on Wednesday, 800 on Thursday and 800 on Friday. The total sales made by the employee for the week is:

800 + 600 + 1300 + 800 + 800 = 4500

Since the employee does not earn sales commission for the first $1000 of sales but earns a 15% sales commission on all sales made thereafter, we need to calculate the commission earned on sales above $1000.

The total sales above $1000 is:

4500 - 1000 = 3500

The commission earned on sales above $1000 is:

3500 x 15% =$525

Therefore, the employee earned a sales commission of $525 this week.