Review Chapter 1 - ReviewChapter1...

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Review Chapter 1 1.  Wendy sells office supplies, and earns a 5% commission each month on any sales over  $1000.  For example, if she sells $1,200 worth of supplies during  one month, she is paid 5% of the amount over $1000, or $10.00 commission.  Find Wendy’s commission for each of the months shown below.  Round your  answers to the nearest cent. January        Sales:  $1,475.00 Less $1000      $_______                         X_______ Commission:     $_______ February        Sales:  $1,850.00 Less $1000      $_______                         X_______ Commission:       $_______ March       Sales:  $2,119.00 Less $1000      $_______                         X_______ Commission:       $_______ May        Sales:  $1,375.69 Less $1000      $_______                         X_______ Commission:       $_______ June       Sales:  $1,545.50 Less $1000      $_______                         X_______ Commission:       $_______ July   Sales:  $1,246.00 Less $1000      $_______                         X_______ Commission:       $_______ 2. Charles sold a new car for $28,000.  He receives a 9% commission on the sale.  How much did he receive?  _______ 3. India sold $8750 worth of jewelry and received a 20% commission.  How much did she receive?  ________ 4. A sales representative receives a base salary of $24,000 per year and a 15% commission on all sales.  Last  year’s sales amounted to $250,000.  Find the total salary.  __________ 5. Sheila is a clerk in a major department store.  She earns $6.50 per hour and a 5% commission on all sales.   Find the total salary for a 40-hour week and total sales of $9700.  __________ 6. A office supply sales representative earns a base salary of $24,500 per year and an 8% commission on all  sales over $375,000.  Find last year’s salary on sales of $570,000.  __________
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This note was uploaded on 01/24/2012 for the course HUM 9999 taught by Professor Variousprofessorslisted during the Summer '06 term at Abilene Christian University.

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Review Chapter 1 - ReviewChapter1...

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