Math Problem Statement
Solution
Let's solve this step by step.
Given:
- Base salary = $874
- Commission rate = 1.18% (or 0.0118 in decimal form)
- Total sales = $257,432
Calculation:
-
Commission earned =
-
Total earnings = Base salary + Commission
Final Answer:
$3,912.70
Would you like further details on any step?
Related Questions:
- How would the earnings change if the commission rate was increased to 1.5%?
- What would be the total earnings if the sales were doubled?
- How much commission would he earn on a $500,000 sale?
- If his monthly expenses are $2,000, how much profit does he make?
- How much sales must he make to earn a total of $5,000 in a month?
Tip:
Always convert percentage rates into decimals before calculations to avoid errors.
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Math Problem Analysis
Mathematical Concepts
Basic arithmetic
Percentage calculations
Formulas
Total earnings = Base salary + Commission
Commission = Total sales × Commission rate
Theorems
Percentage conversion and multiplication
Suitable Grade Level
Grades 6-8
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