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Math Help - Commission based salary

  1. #1
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    Post Commission 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?
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    is up to his old tricks again! Jhevon's Avatar
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    Quote Originally Posted by diehardmath4 View Post
    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?
    The portion of Jason's salary that comes from commissions is 3296.97 - 1500 = 1796.97

    you objective is to find out what percentage of 51 342 is 1796.97. do you see why? can you finish up?
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  3. #3
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    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%
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  4. #4
    is up to his old tricks again! Jhevon's Avatar
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    Quote Originally Posted by diehardmath4 View Post
    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%
    right on
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