Problema Solution
Spencer Morris works in the telemarketing division for a company that pays a salary of $735 per month plus a commission of 3½% of all sales greater than $15,500. If he sold $45,900 last month, what was his total gross pay? (Points :
Answer provided by our tutors
First, let's write an equation for the monthly salary of Morris:
735+.035(n-15500)
where 'n' is the total amount sold and n>15500.
Plugging in n=45900, we can find Morris's gross pay:
735+.035(45900-15500)=$1799
Therefore, his gross pay for last month was $1799