SOLUTION: in 2008, median earnings, including commissions for car salespersons was $21.43 per hour or $857.31 per week. dan receives $400 per week for selling new and used cars. in addition,
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-> SOLUTION: in 2008, median earnings, including commissions for car salespersons was $21.43 per hour or $857.31 per week. dan receives $400 per week for selling new and used cars. in addition,
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Question 916724: in 2008, median earnings, including commissions for car salespersons was $21.43 per hour or $857.31 per week. dan receives $400 per week for selling new and used cars. in addition, he receives 5% of the profit on any sales he generates.
a) if dan has sales that generate a profit of $4,000 what are his weekly earnings?
b) to equal the median earnings of a car sales person, dan would have to have sales that generate a profit of many dollars?
You can put this solution on YOUR website! he receives 5% of the profit .... on any sales he generates
a) $400 + .05(4000) = $600
b) (857.31 - 400)/.05 = $9146.20 , the profit generated on sales sold that week
....
In real life best to understand if there is no profit generated on weekly sales...
that would result in receiving $400 per week
