Dave earns $150.00 per week plus 3.8% commission. He sold $4175.68 in the month of February. What is his gross monthly earning for February?. I also have to show my work.
Accepted Solution
A:
Answer:If Dave earns $150/week times 4 weeks = 600
3.8% commission on $4175.68 is $158.68
$600 + $158.68 = $758.68 for the month of February
So, Dave earns $150 per week. In the month of February, there are:
(28/7) = 4 weeks.
Now, He earns a total of $150 * 4 in February. So, in that month he earns $600.
Now, according to the question, he takes a commission of 3.8%. So, we have,
Total Sales = $4175.68
Commission amount = Commission % of Total Sales
= 3.8% * $4175.68
= 3.8/100 * $4175.68
= $158.68 (rounded to the nearest hundredth)
Now, Gross Income = Monthly income + Commission amount
= $600 + $158.68
= $758.68
So, his gross monthly earning for the month of february is $758.68
Step-by-step explanation: