Math Problem Statement

Minimum salary: $160.00 Commission: 5 1/2percent on $2,900.00 What is the gross pay?

Solution

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Math Problem Analysis

Mathematical Concepts

Basic Arithmetic
Percentage Calculations

Formulas

Commission = (Commission Rate / 100) × Sales Amount
Gross Pay = Minimum Salary + Commission

Theorems

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Suitable Grade Level

Grades 5-7