select the correct answer. edison has a sales job and receives $45,448 as his annual pay, plus commission…

select the correct answer. edison has a sales job and receives $45,448 as his annual pay, plus commission. his company pays him a commission of 15% on his total sales. if he makes sales of $25,000 in the first 3 months, how much will he be paid for those 3 months?\n\na. $3,750\n\nb. $10,488\n\nc. $15,112\n\nd. $15,963

select the correct answer. edison has a sales job and receives $45,448 as his annual pay, plus commission. his company pays him a commission of 15% on his total sales. if he makes sales of $25,000 in the first 3 months, how much will he be paid for those 3 months?\n\na. $3,750\n\nb. $10,488\n\nc. $15,112\n\nd. $15,963

Answer

Explanation:

Step1: Calculate monthly base - pay

Annual pay is $45448$, so monthly base - pay is $\frac{45448}{12}$. For 3 months, base - pay is $\frac{45448}{12}\times3=\frac{45448}{4}=11362$.

Step2: Calculate commission for 3 months

Commission rate is 15% or 0.15, and sales in 3 months is $25000$. Commission is $0.15\times25000 = 3750$.

Step3: Calculate total pay for 3 months

Total pay = base - pay+commission. So total pay is $11362 + 3750=15112$.

Answer:

C. $15,112$