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Yesterday, 14:35

Last week Lisa had gross earning of $441.30. Cathy receives a base salary of $375 and a commision on sales exceeding her quota of $5000. What is her rate of commision if her sales were $6560?

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  1. Yesterday, 15:00
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    4.25%

    Step-by-step explanation:

    Step 1: Calculate the commission paid

    Commission = Gross earning - base salary

    Commission = 441.3 - 375

    Commission = 66.3

    Step 2: Calculate the commission sales

    Commission sales = Total sales - quota sales

    Commission sales = 6560 - 5000

    Commission sales = 1560

    Step 3: Calculate the rate of commission

    x% of 1560 = 66.3

    x% * 1560 = 66.3

    x% = 0.0425

    x = 4.25%

    Therefore, the rate of commission was 4.25%.

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