Math Problem Statement

Ace Autos sell cars and pay Sue each month as follows. • a salary of £1410 • 26% of the total profit the company makes from her sales • a £390 bonus if she sells at least 16 cars The table shows information about the cars she sold last year. Total cost to the company £473 500 Total income for the company Number of months when she sold at least 16 cars £549 000 4 Work out Sue's total pay for the year.

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Profit Calculation
Basic Arithmetic

Formulas

Profit = Total Income - Total Cost
Commission = Percentage × Profit
Total Pay = Base Salary + Commission + Bonus

Theorems

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Suitable Grade Level

Grades 6-8