Dennis sells cars for a living. Each month, he earns $1,200.00 of base pay, plus a certain percentage of commission from his sales. One month, Dennis made $62,600.00 in sales, and earned a total of $3,597.58 in that month (including base pay and commission). What percent of commission did Dennis earn? Fill in the blank with a percent. Solution: Dennis earned in commission.

Dennis sells cars for a living. Each month, he earns $1,200.00 of base pay, plus a certain percentage of commission from his sales. One month, Dennis made $62,600.00 in sales, and earned a total of $3,597.58 in that month (including base pay and commission). What percent of commission did Dennis earn? Fill in the blank with a percent. Solution: Dennis earned in commission.

Microeconomic Theory

12th Edition

ISBN:9781337517942

Author:NICHOLSON

Publisher:NICHOLSON

Chapter17: Capital And Time

Section: Chapter Questions

Problem 17.6P

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