Respuesta :
Solution:
Susan earns a commission based on car sales made.
Given:
Total sales made for the month = $387,000
Her commission is calculated based on levels and commision rate for each level.
On the first $100,000, she earns 1.25% commission.
Total sales at this level is $100,000
[tex]\begin{gathered} \text{Commision made on the first \$100,000 is;} \\ \frac{1.25}{100}\times100000=\text{ \$1,250} \\ =\text{ \$1,250} \end{gathered}[/tex]On the next $200,000, she earns 4.95% commission.
Total sales at this level is $300,000
[tex]\begin{gathered} \text{Commision made on the next \$200,000 is;} \\ \frac{4.95}{100}\times200000=\text{ \$9,900} \\ =\text{ \$9,900} \end{gathered}[/tex]On the next $87,000, total sales at this level is $387,000. She earns 7.25% commission for sales above $300,000.
[tex]\begin{gathered} \text{Commision made on the next \$87,000 is;} \\ \frac{7.25}{100}\times87000=\text{ \$6,}307.50 \\ =\text{ \$6,}307.50 \end{gathered}[/tex]Therefore, Susan's total commission received for the month is;
[tex]\begin{gathered} \text{ \$1250 + \$9900 + \$6307.50} \\ =\text{ \$17,457.50} \end{gathered}[/tex]Hence, her commission received in total for the sales made is $17,457.50
