Henry is paid $3,000 a month plus a commission of 3% on sales. During January he sells $75,000 worth of merchandize, what is his pay for the month?

Question

Business Math  

Answer 1

Hello, thank you for taking the time to post your question!

His total pay would be

Total Pay = Base Salary + Commission

For this scenario that would be

Total Pay = 3000 + 3%(75000)

=3000 + 2250

=5250

So his pay for the month of January is $5,250

I hope that helps get you moving in the right direction! Feel free to reach out if you have any additional questions beyond that :)

Answer 2

Michael, the word "of" means to multiply.

 

75000(.03) = 2250. Add that to his $3000 salary and he made $5250.