Jason's gross pay for August is $3296.97 on sales totaling $151 342. If his base salary is $1500 per month, what is his rate of commission on sales exceeding his monthly quota of $100 000?

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- January 16th 2010, 02:42 PMdiehardmath4Commission based salary
Jason's gross pay for August is $3296.97 on sales totaling $151 342. If his base salary is $1500 per month, what is his rate of commission on sales exceeding his monthly quota of $100 000?

- January 16th 2010, 02:50 PMJhevon
- January 16th 2010, 03:15 PMdiehardmath4
Jason's gross pay for August is $3296.97 on sales totalling $151 342. If his base salary is $1500 per month, what is his rate of commission on sales exceeding his monthly quota of $100 000?

151 342 - 100 000 = 51 342

3296.97 - 1500 = 1796.97

1796.97 / 51 342 = 0.035 or 3.5% - January 16th 2010, 03:20 PMJhevon