A sales representative from Bowen and Bowen receives a monthly salary of $3,500 together with a commission of 5% on all sales over $5000 per month. Calculate his gross salary in a month in which his sales amounted to $40000. (Bear in mind that when commission is offered only after reaching a certain amount of sales, that certain amount is not included when calculating for the commission. It must first be subtracted from the total sale. In this case you must first subtract the $5000 from the $40000 then solve for the commission.) Gross Salary $1750
Commission is $5000
Gross Salary $5000
Gross Salary is $5250
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