Question

9. You are the sales manager for Solar Panel Company. You receive a commission

based on the total sales of all the salespeople you manage. Your commission is

2 percent of the first $80,000 of sales, 4 percent of the next $80,000, and 5 percent

of all sales over $160,000. What is your commission for a month in which your

salespeople sold $242,100 in solar panels?

Answer 1

Answer: $9705.

Explanation:

2 % of first $80,000 sold

= 2/100 * $80,000

= 2 * $800

= $1600

4% of next $80,000

= 4/100 * $80,000

= 4 * $800

= $3,200

if total sales was $242,100. for this Month, the sales person commission would be

= $1600 + 5/100 * 162,100

= $1600 + 5 * $1621

= $1600 + $8105

= $9705.