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1.6 commission page 15, question 5 b) 5. mark sells magazine subscripti…

Question

1.6 commission
page 15, question 5 b)

  1. mark sells magazine subscriptions by telephone. he is paid $256 a week and receives a commission for each subscription he sells. in one week he sold the subscriptions shown.

b) complete the table to find his total weekly commission.

magazineprice ($)number soldtotal sales ($)rate of commissioncommission ($)
mclarens38.50125%21.375
mechanics monthly28.50157%32.85
popular people46.50103%18.69
tv to watch78.5084%14.60
living canadian36.5010
total weekly commission

Explanation:

Step1: Calculate total sales for each magazine

For McLaren's: $38.50\times12 = 462$
For Mechanic's Monthly: $28.50\times15=427.5$
For Popular People: $46.50\times10 = 465$
For TV to Watch: $78.50\times8=628$
For Living Canadian: $36.50\times10 = 365$

Step2: Calculate commission for each magazine

Already given in the table for some. For Living Canadian: Commission = $365\times0.04=14.6$ (assuming rate of 4% as last one)

Step3: Calculate total weekly commission

Total commission=$18.48 + 21.375+32.85 + 18.84+14.6+14.6$
$=120.745$

Answer:

The total weekly commission is $\$120.75$ (rounded to two decimal - places)