1. maryanne sells cruise vacations. she makes a base salary of $2,500 per month plus 5% of the cost of each…

1. maryanne sells cruise vacations. she makes a base salary of $2,500 per month plus 5% of the cost of each vacation. this month she sold $80,000 in cruises. what are her total monthly wages?\n2. a realtor sells 3 houses this month for a total of $825,000, and each buyer uses her company to process their loan. she earns a base pay of $2,600 each month plus 1.5% of her total house sales. she also gets a fee of $12 for each loan she gets serviced through her company. what are her total earnings for the month?\n3. a pharmaceutical sales - representative gets paid $50,000 annually plus 3.5% commission on total sales. this year he sold $420,000 in pharmaceuticals. what are his annual total earnings?\n4. a car salesman gets paid $3,750 each month plus 8.5% commission on his total sales. this month he sold 5 cars for a total of $138,000. what are his monthly total earnings?\nfor problems 5 - 8, find the requested information based on the given facts.\n5. the commission is 3.5% of the total sales of $55,000. find the commission.\n6. the fee is $2.75 per transaction for 175 transactions. find the total fees.\n7. the base salary is $54,300. the commission is 2.75% of the total sales of $950,000. find the total earnings.\n8. attend to precision the base salary is $48,000. the commission is 9% of the total sales of $256,000. the fee is $7.25 per transaction for 325 transactions. find the total earnings.
Answer
1.
Explanation:
Step1: Calculate commission
Commission = 5% of $80,000. Convert 5% to decimal: 5% = 0.05. So commission = 0.05×80000 = $4000.
Step2: Calculate total wages
Total wages = base - salary+commission. Base - salary = $2500. So total wages = 2500 + 4000=$6500.
Answer:
$6500
2.
Explanation:
Step1: Calculate house - sales commission
Commission = 1.5% of $825,000. Convert 1.5% to decimal: 1.5% = 0.015. So commission = 0.015×825000 = $12375.
Step2: Calculate loan - service fees
There are 3 houses, so 3 loans. Fee per loan = $12. Total loan - service fees = 12×3=$36.
Step3: Calculate total earnings
Total earnings = base - pay+commission+loan - service fees. Base - pay = $2600. So total earnings = 2600+12375 + 36=$14911.
Answer:
$14911
3.
Explanation:
Step1: Calculate commission
Commission = 3.5% of $420,000. Convert 3.5% to decimal: 3.5% = 0.035. So commission = 0.035×420000 = $14700.
Step2: Calculate total annual earnings
Total annual earnings = annual base - pay+commission. Annual base - pay = $50000. So total annual earnings = 50000+14700=$64700.
Answer:
$64700
4.
Explanation:
Step1: Calculate commission
Commission = 8.5% of $138,000. Convert 8.5% to decimal: 8.5% = 0.085. So commission = 0.085×138000 = $11730.
Step2: Calculate total monthly earnings
Total monthly earnings = base - pay+commission. Base - pay = $3750. So total monthly earnings = 3750+11730=$15480.
Answer:
$15480
5.
Explanation:
Step1: Calculate commission
Commission = 3.5% of $55,000. Convert 3.5% to decimal: 3.5% = 0.035. So commission = 0.035×55000 = $1925.
Answer:
$1925
6.
Explanation:
Step1: Calculate total fees
Total fees = fee per transaction×number of transactions. Fee per transaction = $2.75, number of transactions = 175. So total fees = 2.75×175 = $481.25.
Answer:
$481.25
7.
Explanation:
Step1: Calculate commission
Commission = 2.75% of $950,000. Convert 2.75% to decimal: 2.75% = 0.0275. So commission = 0.0275×950000 = $26125.
Step2: Calculate total earnings
Total earnings = base - salary+commission. Base - salary = $54300. So total earnings = 54300+26125=$80425.
Answer:
$80425
8.
Explanation:
Step1: Calculate commission
Commission = 9% of $256,000. Convert 9% to decimal: 9% = 0.09. So commission = 0.09×256000 = $23040.
Step2: Calculate total transaction fees
Total transaction fees = fee per transaction×number of transactions. Fee per transaction = $7.25, number of transactions = 325. So total transaction fees = 7.25×325 = $2356.25.
Step3: Calculate total earnings
Total earnings = base - salary+commission+transaction fees. Base - salary = $48000. So total earnings = 48000+23040+2356.25=$73396.25.
Answer:
$73396.25