Pregunta
Find the total earnings based on the given information. Base Salary: \( \$ 42,000 \), Total Sales: \( \$ 175,000 \), Commission: \( 4 \% \) Enter the correct answer in the box. Show Hints
Ask by Frank Davies. in the United States
Jan 30,2025
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Total Earnings: \$49,000
Solución
To calculate the total earnings:
1. **Base Salary:** \$42,000
2. **Commission:** 4% of \$175,000
\[
\text{Commission} = 175,000 \times 0.04 = \$7,000
\]
3. **Total Earnings:**
\[
\text{Total Earnings} = \text{Base Salary} + \text{Commission} = \$42,000 + \$7,000 = \$49,000
\]
**Total Earnings:** \$49,000
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To calculate total earnings, you first need to determine the commission earned from total sales. Multiply the total sales amount by the commission rate: \( 175,000 \times 0.04 = 7,000 \). Then, add the base salary to the commission: \( 42,000 + 7,000 = 49,000 \). Therefore, the total earnings are \( \$ 49,000 \). To avoid common mistakes, always double-check the commission percentage and ensure you multiply it correctly by total sales. Mistakes often arise from misplacing decimal points or forgetting to convert percentages into decimal form before calculations!
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