Question

Radu is a corporate account manager at a company that sells stereo systems to other businesses. He receives a monthly salary of $2,000 plus a commission of 1.70% on any new sales that he makes as part of his daily interactions with his customers.

a) What are his earnings for a month in which his sales are $73,000? For full marks your answer(s) should be rounded to the nearest cent.

Earnings = $0.00 


b) For the past year his average monthly sales are $81,000. If the company were to replace his earnings with a straight commission next year, what should the commission rate be so that he will have the same earnings as this past year? Note: Please make sure your final answer(s) are in percentage form and are accurate to 2 decimal places. For example 34.56%.​

Answer 1

Step-by-step explanation:

The salary range for people working in Germany in Commerce is typically from 1,710.00 EUR (minimum salary) to 6,104.00 EUR (highest average, actual maximum salary is higher).

This is the total monthly salary including bonuses. Salaries vary drastically among different job positons. If you are interested in the salary of a particular job, see below for salaries for specific position.