Bill Burton earns $750 per week plus 5% of sales in excess of $7,500. If Bill sells $34,000, how much were his earnings?
2007-07-02 16:38:36 · 6 answers · asked by Chelsey m 2 in Science & Mathematics ➔ Mathematics
$34,000 - $7,500=$26,500
$26,500 x .05=$1,325
Earnings= $1,325 + $750=$2,075
Hope this helps.
2007-07-03 05:49:53 · answer #1 · answered by JJ 4 · 0⤊ 0⤋
Bill's earnings = 750 + 0.05(sales - 7,500)
Bill's earnings = 750 + 0.05(34,000 - 7,500)
Bill's earnings = 750 + 0.05(26,500)
Bill's earnings = 750 + 1,325
Bill's earnings = 2,075
Answer: $2,075
2007-07-02 16:45:30 · answer #2 · answered by mathjoe 3 · 0⤊ 0⤋
Well this depends on how many weeks he has been working but if you take 34,000 x 0.05 you get 1700. This is the commission that he has earned. So you will have to add 1700 to how many weeks he has been working. Hope this helps.
2007-07-02 16:44:57 · answer #3 · answered by spekie028 1 · 0⤊ 1⤋
earnings = 750 + 5% of (34000 minus 7500)
earnings = 750 + 0.05 (34000-7500)
2007-07-02 16:45:16 · answer #4 · answered by dax 3 · 0⤊ 0⤋
$750+0.05($34000-$7500)=$750+0.05*$26500=$750+$1325=$2075
2007-07-02 16:48:53 · answer #5 · answered by yupchagee 7 · 0⤊ 0⤋
Sales ............................ 34,000
No-commission limit ...- 7,500
Basis for commission... 26,500
Commission ........... 0.05*26,500 = 1325
Salary............................................... 750
Total take home ................................. 2075
(although you did not specify, I assume 34K was sold in 1 week).
2007-07-02 16:45:11 · answer #6 · answered by cattbarf 7 · 1⤊ 0⤋