1.6 commission\npage 15, question 5 b)\n5. mark sells magazine subscriptions by telephone. he is paid $256 a…

1.6 commission\npage 15, question 5 b)\n5. mark sells magazine subscriptions by telephone. he is paid $256 a week and receives a commission for each subscription he sells. in one week he sold the subscriptions shown.\nb) complete the table to find his total weekly commission.\nmagazine\tprice ($)\tnumber sold\ttotal sales ($)\trate of commission\tcommission ($)\nmclarens\t38.50\t12\t\t4%\t18.48\nmechanics monthly\t28.50\t15\t\t5%\t\npopular people\t46.50\t10\t\t7%\t\ntv to watch\t78.50\t8\t\t3%\t\nliving canadian\t36.50\t10\t\t4%\t\ntotal weekly commission
Answer
Explanation:
Step1: Calculate total sales for McLaren's
Total sales = Price × Number sold. For McLaren's, total sales = $38.50\times12 = 462$.
Step2: Calculate commission for McLaren's
Commission = Total sales × Rate of commission. Commission = $462\times0.05=23.1$.
Step3: Calculate total sales for Mechanic's Monthly
Total sales = $28.50\times15 = 427.5$.
Step4: Calculate commission for Mechanic's Monthly
Commission = $427.5\times0.07 = 29.925$.
Step5: Calculate total sales for Popular People
Total sales = $46.50\times10 = 465$.
Step6: Calculate commission for Popular People
Commission = $465\times0.03=13.95$.
Step7: Calculate total sales for TV to Watch
Total sales = $78.50\times8 = 628$.
Step8: Calculate commission for TV to Watch
Commission = $628\times0.04 = 25.12$.
Step9: Calculate total sales for Living Canadian
Total sales = $36.50\times10 = 365$.
Step10: Calculate commission for Living Canadian
Commission = $365\times0.04 = 14.6$.
Step11: Calculate total weekly commission
Total weekly commission = $18.48 + 23.1+29.925+13.95+25.12+14.6 = 125.175$.
Answer:
| Magazine | Price ($) | Number Sold | Total Sales ($) | Rate of Commission | Commission ($) |
|---|---|---|---|---|---|
| 4% | 18.48 | ||||
| McLaren's | 38.50 | 12 | 462 | 5% | 23.1 |
| Mechanic's Monthly | 28.50 | 15 | 427.5 | 7% | 29.925 |
| Popular People | 46.50 | 10 | 465 | 3% | 13.95 |
| TV to Watch | 78.50 | 8 | 628 | 4% | 25.12 |
| Living Canadian | 36.50 | 10 | 365 | 4% | 14.6 |
| Total Weekly Commission | 125.175 |