Question

You are working as a car dealer that pays you a monthly salary of 17000.the company will also pay you 3000 in commission for every car. How many car you must sell to earn 32000 if u sell 3cars in june..how much will u earn

Answer 1

Answer:

In theory, salespersons at new car dealerships work primarily on a commission basis, receiving 20-to-30 percent of net profits, with 25 percent being common. In practice, how much salespersons are paid and how they are paid can be more complicated. For example, most new car sales have two stages, the sale itself and the financing of the sale, and the salesperson's commission is based on only the sale.

Another thing to know about the net profit on a new car sale is that often there is not a profit and that the dealer loses money on a lot of new car sales. You may wonder how the dealer stays in business. He manages to survive because he usually makes up the loss and more on the profit from the financing.