Concept explainers
To find: the weekly commission gained by a salesman
Answer to Problem 4STP
The total weekly commission will be
Explanation of Solution
Given:
Day | Sales (in $) |
Monday | 1520 |
Tuesday | 1945 |
Wednesday | 0 |
Thursday | 2010 |
Friday | 2485 |
Saturday | 0 |
Sunday | 1625 |
Total | 9585 |
(F) $574.14
(G) $623.03
(H) $655.49
(J)$703.68
Calculation:
The objective of the question is to find the weekly commission gained by a salesman when he gets 6.5% commission on each sale that he facilitates.
Day | Sales (in $) | Commission (6.5%) |
Monday | 1520 | 98.8 |
Tuesday | 1945 | 126.425 |
Wednesday | 0 | 0 |
Thursday | 2010 | 130.65 |
Friday | 2485 | 161.525 |
Saturday | 0 | 0 |
Sunday | 1625 | 105.625 |
Total | 9585 | 623.025 |
The commission is 6.25% of total sales.
Calculate the commission for each day using the formula
Commission
The total weekly commission will be equal to approximately
Hence option (G) is the correct one
Conclusion:
Therefore, the total weekly commission will be
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