What were her sales for the month of may of medical supplies, Mathematics

Assignment Help:

Kim is a medical supplies salesperson. Each month she receives a 5% commission on all her sales of medical supplies up to $20,000 and 8.5% on her total sales over $20,000. Her total commission for May was $3,975. What were her sales for the month of May?

Kim sold over $20,000 in May. She received a 5% commission on the ?rst $20,000 of sales. To ?nd 5%, multiply by the decimal equivalent of 5% (0.05); $20,000 × 0.05 = $1,000. Since her total commission was $3,975, $3,975 - $1,000 = $2,975 is the amount of commission she earned on her sales over $20,000. $2,975 is 8.5% of her sales over $20,000. To ?nd the amount of her sales over $20,000, use a proportion; part/whole = %/100. Part is $2,975, and whole is what we are looking for, so let's call it x. The % is 8.5; 2975/x = 8.5/100. To solve for x, cross multiply; (2,975)(100) = 8.5x. Divide both sides by 8.5 to solve; 297500/8.5 =8.5x/8.5; x = $35,000. Her sales over $20,000 were $35,000. Her total sales were $55,000 ($20,000 + $35,000).


Related Discussions:- What were her sales for the month of may of medical supplies

Fractions, what Is the common denominator for 1/2 and 1/4

what Is the common denominator for 1/2 and 1/4

Finds out the center and radius of circle, Finds out the center & radius of...

Finds out the center & radius of each of the following circles & sketch the graph of the circle. a) x 2 + y 2 = 1 b) x 2 + ( y - 3) 2  = 4 Solution In all of these

1, what''s the beneit of study mathematics ?

what''s the beneit of study mathematics ?

SHARES AND DIVIDEND, PLEASE PROVIDE SOME STUFF TO WRITE ON SHARES AND DIVID...

PLEASE PROVIDE SOME STUFF TO WRITE ON SHARES AND DIVIDEND

ALGEBRA, FIND PRODUCT (-41)*(102)

FIND PRODUCT (-41)*(102)

Payoff Matrix, A farmer grows apples on her 400-acre farm and must cope wit...

A farmer grows apples on her 400-acre farm and must cope with occasional infestations of worms. If she refrains from using pesticides, she can get a premium for "organically grown"

Pie chart, i have this data 48 degree, 72 degree, 43.2degree, 24degree , 40...

i have this data 48 degree, 72 degree, 43.2degree, 24degree , 40.8degree on this make a pie chart

Geometry, Note on point of tangent

Note on point of tangent

Basics of series - sequences and series, Series - The Basics That top...

Series - The Basics That topic is infinite series.  So just define what is an infinite series?  Well, let's start with a sequence {a n } ∞ n=1 (note the n=1 is for convenie

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd