Respuesta :
4 * 500 = $2,000
Then, you must calculate how much he earned by the commission:
$42,000 * 3%
(3% = 3/100)
42,000 * 3/100 = 420 * 3 = $1260
Finally, you add what he earned form the commission plus the 4 weeks salary:
$2,000 + $1260 = $3,260
Then, you must calculate how much he earned by the commission:
$42,000 * 3%
(3% = 3/100)
42,000 * 3/100 = 420 * 3 = $1260
Finally, you add what he earned form the commission plus the 4 weeks salary:
$2,000 + $1260 = $3,260
Based on his weekly salary as well as the amount he earns from commission, Jim Ross made a total of $3,260 in those four weeks.
The period of interest is 4 weeks so we need to find the base salary in that time:
= Number of weeks x salary per week
= 4 x 500
= $2,000
The commission earned is:
= Commission rate x Amount sold for cars
= 3% x 42,000
= $1,260
The total income is:
= 2,000 + 1,260
= $3,260
In conclusion, Jim's average earnings are $3,260.
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