12.07.2015 Views

You earn a base salary of $2200 a month plus a sales commission ...

You earn a base salary of $2200 a month plus a sales commission ...

You earn a base salary of $2200 a month plus a sales commission ...

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2.9 Applications <strong>of</strong> PercentsCommission is money paid to a person or a company formaking a sale. It's usually a percent <strong>of</strong> the sale amount.<strong>You</strong> <strong>earn</strong> a <strong>base</strong> <strong>salary</strong> <strong>of</strong> <strong>$2200</strong> a <strong>month</strong> <strong>plus</strong> a<strong>sales</strong> <strong>commission</strong> <strong>of</strong> 5%. <strong>You</strong>r total <strong>sales</strong> for one<strong>month</strong> were $20,000. Find your total pay for the<strong>month</strong>.<strong>You</strong> need to <strong>earn</strong> a total <strong>of</strong> $3950 next<strong>month</strong> in order to pay all <strong>of</strong> your bills.Write an equation and find the amountyour <strong>sales</strong> must be in order to <strong>earn</strong> $3950.


A <strong>sales</strong>man <strong>earn</strong>ed $1500 when hesold a $50,000 car.What is percent <strong>commission</strong>?


Simple InterestI = P r tI isP isr ist isFind the simple interest paid for 2 yearson a $900 loan at 16% per year.After 6 <strong>month</strong>s, the simple interest <strong>earn</strong>edon an investment <strong>of</strong> $5000 was $45. Findthe interest rate.

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