BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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William is paid a straight commission of 7.25% on all sales. Last week his sales totaled $10, 300. What were his commission earnings last week?
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$647.75
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$757.75
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$746.75
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$547.75
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Explanation:
Detailed explanation-1: -William is paid a straight commission of 7.25% on all sales. The total sale in last week is $10, 300. We need to find the commission earnings of william. Hence 746.25 was her commission earnings.
Detailed explanation-2: -Straight commission Salespeople who work on straight commission only earn money when they complete a sale. No sale equals no income. Since the company doesn’t provide a base salary, it can offer higher commission rates which often attracts the best salespeople.
Detailed explanation-3: -Straight Commission. Straight Commission is calculated to be the person’s wage based solely on sales.
There is 1 question to complete.