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A car salesman earns $30,000 per year, plus 8% commission on sales over $500,000. During one year, the salesman totaled $850,000. Calculate the salesman’s total earnings for the year. $58,000 $350,000 $79,000 $28,000

Respuesta :

Answer:

$58,000

Step-by-step explanation:

The car salesman earns $850,000 in total. Of the $850,000, $30,000 is his basic earnings and therefore the remaining comes from commission. For sales over $500000. The sales over $500000 is:

[tex]800000-500000=350000[/tex]

Therefore 8% of $350000:

[tex]350000\cdot{0.08}=28000[/tex]

The total earnings is his basic earnings of $30,000 plus the commission:

[tex]28000+30000=58000[/tex]

The total earnings is $58,000

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