SOLUTION: Stephanie receives a salary of $650 per month plus a commision of 5.5% on the first $3000 of sales, and 7% of all sales over $3000. Find Stephanie's gross pay for the month if her

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Question 225349: Stephanie receives a salary of $650 per month plus a commision of 5.5% on the first $3000 of sales, and 7% of all sales over $3000. Find Stephanie's gross pay for the month if her sales were $10960
Answer by ankor@dixie-net.com(22740) About Me  (Show Source):
You can put this solution on YOUR website!
Stephanie receives a salary of $650 per month plus a commisson of 5.5% on the first $3000 of sales, and 7% of all sales over $3000.
Find Stephanie's gross pay for the month if her sales were $10960
:
Just think about it like this:
:
Gross pay = 650 + .055(3000) + .07(10960-3000)
G.P = 650 + 165 + .07(7960)
G.P. = 650 + 165 + 557.20
G.P. = $1372.20