B. Manuel Romo sells tires at the local shopping mall. Romo earns 20 percent commission on the first $500, 25 percent on the next $1,000, and 30 percent on sales over $1,500. Last weekend he sold $1,940 worth of tires. What is his total commission? 4. Tunisia Buehrer sells sporting goods equipment. Buehrer earns 5 percent commission on the first $6,000, 7t percent on the next $6,000, and 10 percent on sales over $12,000. Her total sales for the month are $14,640. What is her total commission?

B. Manuel Romo sells tires at the local shopping mall. Romo earns 20 percent commission on the first $500, 25 percent on the next $1,000, and 30 percent on sales over $1,500. Last weekend he sold $1,940 worth of tires. What is his total commission? 4. Tunisia Buehrer sells sporting goods equipment. Buehrer earns 5 percent commission on the first $6,000, 7t percent on the next $6,000, and 10 percent on sales over $12,000. Her total sales for the month are $14,640. What is her total commission?

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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3. Gloria Windsor is a salesperson in the toy department at Morris. She is guaranteed a minimum salary of $195 per week, or 5.5% of her total sales, whichever is greater. What is her gross pay for a week in which her total sales were $2550? 4. Alan Tolferd is a salesclerk in the shoe department at-Clsmith's. IHe is guaran- teec e minimum celeerof $145 prer week or 0.0% cemmission en WINGI S --.More C2240?
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4
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