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Groom Lawn Equipment pays Nancy Robinson a $1970 monthly salary plus a 14% commission on merchandise she sells each month. Assume Nancy's sales were $47,500 for last month.Calculate the following amounts:1. Amount of Commission: $2. Gross Pay:

Question

Groom Lawn Equipment pays Nancy Robinson a 1970monthlysalaryplusa141970 monthly salary plus a 14% commission on merchandise she sells each month. Assume Nancy's sales were 47,500 for last month.Calculate the following amounts:1. Amount of Commission: $2. Gross Pay:

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Solution

  1. Amount of Commission: To calculate the commission, you need to multiply Nancy's sales by her commission rate.

So, 47,500(sales)14/100(commissionrate)=47,500 (sales) * 14/100 (commission rate) = 6,650

  1. Gross Pay: To calculate the gross pay, you need to add Nancy's monthly salary to her commission.

So, 1,970(monthlysalary)+1,970 (monthly salary) + 6,650 (commission) = $8,620

Therefore, Nancy's commission is 6,650andhergrosspayis6,650 and her gross pay is 8,620.

This problem has been solved

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