Peter makes $7,000 a month plus some extra commission he makes 6% of everything he sells if Peter sold $55,000 of jewelry this month what his salary this month
Comment I'm taking this to mean that he does not have to sell above 7000 to start getting a commission. Furthermore, he makes 6% on the full 55000.
Formula T = Base Salary + 6% Total Sales T = Take home salary Base Salary = 7000 Total Sales = 55000
Substitute and Solve T = 7000 + 6% * 55000 Change the % to a decimal T = 7000 + 6/100 * 55000 T = 7000 + 0.06 * 55000 T = 7000 + 3300 T = 10300 dollars.
Conclusion His take home salary = 10300 dollars <<<< answer.