lamar is a commercial real estate agent who earns a yearly salary of $82,500 plus a 2.5% commission on his…

lamar is a commercial real estate agent who earns a yearly salary of $82,500 plus a 2.5% commission on his total sales. if his total sales in one year are $3.75 million, what are lamars earnings for that year? enter the correct answer in the box.

lamar is a commercial real estate agent who earns a yearly salary of $82,500 plus a 2.5% commission on his total sales. if his total sales in one year are $3.75 million, what are lamars earnings for that year? enter the correct answer in the box.

Answer

Explanation:

Step1: Calculate the commission amount

The commission is (2.5%) of (3750000). (2.5%=\frac{2.5}{100} = 0.025) Commission (=0.025\times3750000) (=93750)

Step2: Calculate the total earnings

Total earnings (=) Salary (+) Commission Salary ( = 82500), Commission (=93750) Total earnings (=82500 + 93750) (=176250)

Answer:

(176250)