sheldon works in a retail company and earns a base salary of $4,000 per month. at the end of the quarter, he…

sheldon works in a retail company and earns a base salary of $4,000 per month. at the end of the quarter, he received a bonus equivalent to 15% of his three - month salary. in the same month, he worked 15 hours of overtime at $25 per hour. how much did sheldon earn in total for that month, including his base salary, quarter bonus, and overtime? $7,000 $5,375 $6,175 $5,125
Answer
Explanation:
Step1: Calculate the bonus amount
The bonus is 15% of his three - month salary. His monthly base salary is $4,000, so his three - month salary is $4,000×3 = $12,000. The bonus amount is 0.15×$12,000=$1,800.
Step2: Calculate the overtime pay
He worked 15 hours of overtime at $25 per hour. The overtime pay is 15×$25 = $375.
Step3: Calculate the total earnings
His base salary for the month is $4,000. The total earnings is the sum of the base salary, bonus, and overtime pay. So, $4,000 + $1,800+ $375=$6,175.
Answer:
$6,175