Question

A salesman receives a bonus of 5% on the cars he sells. Also, he earns a monthly salary of $350. What is his monthly income, if he sells a car
worth $3000?
$800
$900
$600
$500​

Answer 1

Answer:

5% bonus on each car ---> 5% of 3000 ---> $150

Assuming , he sells only one car per month ---> salary that month ---> $350 $150 = $500

Answer 2

The monthly income of the salesman is $500.

Given:

Bonus=5%

Monthly salary= $350

Value of car sold=$3,000

To find:

The monthly income of the salesman

Solution:

We can find the solution by following the given steps-

We know that the salesman earns a 5% bonus on cars he sells.

He sold a car for $3,000, so his bonus will be 5% of $3000.

Bonus=5×3000/100

=$150

Total monthly income= Monthly salary+ Bonus

=350+150

=$500

Therefore, the monthly income of the salesman is $500.