With a base salary of $550 and a commission of 4% of all sales, compute Hailey's salary for the following weeks:
| Week | Base Salary | Sales | Commission | Total Salary |
|---|---|---|---|---|
| 1 | $550.00 | $890.00 | ? | ? |
| 2 | $550.00 | $1,126.00 | ? | ? |
| 3 | $550.00 | $975.00 | ? | ? |
Answer (2)
Calculate the commission for Week 1: $890 \times 0.04 = $35.60, and add it to the base salary: $550 + $35.60 = $585.60.
Calculate the commission for Week 2: $1126 \times 0.04 = $45.04, and add it to the base salary: $550 + $45.04 = $595.04.
Calculate the commission for Week 3: $975 \times 0.04 = $39.00, and add it to the base salary: $550 + $39.00 = $589.00.
Hailey's salaries for the three weeks are: $585.60 , $595.04 , $589.00 .
Explanation
Understanding the Problem We are given Hailey's base salary and commission rate, and we need to calculate her total salary for three weeks based on her sales. The base salary is $550, and the commission rate is 4%.
Calculating Commission and Total Salary For each week, we will calculate the commission earned by multiplying the sales amount by the commission rate (4% or 0.04). Then, we will add the commission to the base salary to find the total salary for that week.
Week 1 Calculations Week 1: Sales: $890.00 Commission: $890.00 \times 0.04 = $35.60 Total Salary: $550.00 + $35.60 = $585.60
Week 2 Calculations Week 2: Sales: $1,126.00 Commission: $1,126.00 \times 0.04 = $45.04 Total Salary: $550.00 + $45.04 = $595.04
Week 3 Calculations Week 3: Sales: $975.00 Commission: $975.00 \times 0.04 = $39.00 Total Salary: $550.00 + $39.00 = $589.00
Final Answer Therefore, Hailey's total salaries for weeks 1, 2, and 3 are $585.60, $595.04, and $589.00, respectively.
Examples
Understanding how salaries are calculated with commissions is essential in many sales-related jobs. For instance, a car salesperson might earn a base salary plus a commission on each car they sell. If a salesperson has a base salary of $1000 per month and earns a 2% commission on sales, we can calculate their total earnings for a month in which they sell $50,000 worth of cars. The commission would be $50,000 \times 0.02 = $1000, and their total salary would be $1000 + $1000 = $2000. This calculation helps the salesperson understand their potential earnings and motivates them to increase their sales.
To calculate Hailey's total weekly salary, first compute her commission at 4% of her sales, then add it to her base salary of $550. For the three weeks, her total salaries are $585.60, $595.04, and $589.00. This method allows for the determination of total earnings based on sales performance.
;
