asked 200k views
3 votes
The gross wage for an agriculture sales assistant during a particular week was $697.55 if his basic wage is $490 and he is paid a commission of 3.5% of the total value of the agricultural products sold. calculate the commission that he was paid? and the total value of agriculture products sold?

1 Answer

5 votes

To calculate the commission and the total value of agricultural products sold, we can use the given information.

Given:

Gross wage: $697.55

Basic wage: $490

Commission rate: 3.5% of the total value of agricultural products sold

Let's calculate the commission first:

Commission = (Commission rate / 100) * Total value of agricultural products sold

To find the total value of agricultural products sold, we need to subtract the basic wage from the gross wage:

Total value of agricultural products sold = Gross wage - Basic wage

Substituting the given values into the equations:

Total value of agricultural products sold = $697.55 - $490 = $207.55

Commission = (3.5 / 100) * $207.55

Commission = $7.25325 (rounded to two decimal places)

Therefore, the sales assistant was paid a commission of approximately $7.25, and the total value of agricultural products sold was approximately $207.55.

answered
User GeekzSG
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