Zachary's base salary is $1,450 per month and he gets paid commission on all sales that he makes over $20,000. Last month, he earned a total of $4,425 and made sales of $79,000.
a. What is the amount of sales eligible for commission?
b. What is the amount of commission earned last month?
c. What was his rate of commission?
1
Expert's answer
2018-05-24T09:45:08-0400
a. $79,000-$20,000=$59,000 b. $4,425-$1,450=$2,975 c. $2975/$59,000*100%=5.04%
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