The gross wage for an agriculture sales assistant during a particular week was $697.55 if his basic wage is $490 and he is paid a commission of 3.5% of the total value of the agricultural products sold. calculate the commission that he was paid? and the total value of agriculture products sold?
Answers
Answer:
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Given : The gross wage for an agriculture sales assistant during a particular week was $697.55
His basic wage is $490 and he is paid a commission of 3.5% of the total value of the agricultural products sold.
To Find: the commission that he was paid
and the total value of agriculture products sold
Solution:
gross wage = $697.55
basic wage = $490
gross wage = Basic wage + Commission
=> 697.55 = 490 + Commission
=> Commission = 207.55 $
total value of agriculture products sold - $ X
a commission of 3.5%
Commission = (3.5/100)X = 0.035X $
Equate Commission
0.035X = 207.55
=> X = 5,930
Hence the total value of agriculture products sold = 5,930 $
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