Can anybody help me? this question is worth 3 marks.
Answers
Step 1; Adam earns a basic pay of £200 each week. He earns 10% of the magazine price for each sold and 15% of the book price for each sold. Each magazine costs £8 and each book costs £15. He sells 42 magazines and 14 books.
Money earned for selling a magazine = 10% x £8 = 0.10 x £8 = £0.80,
Money earned for selling a book = 15% £15 = 0.15 x £15 = £2.25,
Money earned for selling 42 magazines = 42 x £0.80 = £33.60,
Money earned for selling 14 books = 14 × £2.25 = £31.50,
Money earned for selling 42 magazines and 14 books = £33.60 + £31.50 = £65.10.
Step 2; Now we have to calculate his last week's salary which is his weekly pay and his earnings from selling magazines and books. We found that he earned £31.50 from selling books and magazines. His weekly salary is £200.
Last week's salary = £200 + £65.10 = £265.10.