a sales man has a guaranteed salary minimum of 1500/month. he is paid a 20% commision on all sales what is his pay in a month where sales are 6550. can some one show me the formula as well
2006-11-21 08:15:31 · 5 answers · asked by ourdoorsangler 1 in Science & Mathematics ➔ Mathematics
s = sales
c = commision
c = s * (20/100) = .20s
So if you mean that he gets a base salary of $1,500 PLUS whatever he earns in commision, then
Pay = 1500 + .20s
If you mean that he gets paid 20% commision, and if the commision isn't at least 1500, then he gets 1500, then
Pay = 1500 OR .20s , whichever is higher.
In this case, his commision (c) is
c = .20 * 6550
c = 1310
So his pay is either $1,500 (since 1310 is less than 1500) or $2,810 (1310+1500) depending one which your looking for. The phrasing of your question leaves doubt as to which you're looking for.
2006-11-21 08:18:33 · answer #1 · answered by pohustla 2 · 4⤊ 0⤋
If you are to earn 20% of the sales at a total of 6550, then all you have to do is multiply the total sales by the percentage and you would come up with 1310. I assume that you are saying that the 1500 guaranteed amount would also be added to this for a grand total of 2810. Of course, then you would have to add in the tax rate which is variable upon which state you live in. 6550 X .20 = 1310, 1310 + 1500 = 2810
2006-11-21 08:24:55 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Take 6550 times 20%
6550(20%) = 6550(.20) = 1310
Now add is monthly salary
1310 + 1500 = 2810
2006-11-21 08:19:12 · answer #3 · answered by MsMath 7 · 2⤊ 2⤋
x=1500+.2*6550=$2810
2006-11-21 08:19:32 · answer #4 · answered by yupchagee 7 · 3⤊ 1⤋
(20/100)(6550)+1500
1310+1500
2810
2006-11-21 08:18:57 · answer #5 · answered by Dupinder jeet kaur k 2 · 3⤊ 0⤋