What were her sales for the month of may of medical supplies, Mathematics

Assignment Help:

Kim is a medical supplies salesperson. Each month she receives a 5% commission on all her sales of medical supplies up to $20,000 and 8.5% on her total sales over $20,000. Her total commission for May was $3,975. What were her sales for the month of May?

Kim sold over $20,000 in May. She received a 5% commission on the ?rst $20,000 of sales. To ?nd 5%, multiply by the decimal equivalent of 5% (0.05); $20,000 × 0.05 = $1,000. Since her total commission was $3,975, $3,975 - $1,000 = $2,975 is the amount of commission she earned on her sales over $20,000. $2,975 is 8.5% of her sales over $20,000. To ?nd the amount of her sales over $20,000, use a proportion; part/whole = %/100. Part is $2,975, and whole is what we are looking for, so let's call it x. The % is 8.5; 2975/x = 8.5/100. To solve for x, cross multiply; (2,975)(100) = 8.5x. Divide both sides by 8.5 to solve; 297500/8.5 =8.5x/8.5; x = $35,000. Her sales over $20,000 were $35,000. Her total sales were $55,000 ($20,000 + $35,000).


Related Discussions:- What were her sales for the month of may of medical supplies

CIECLE, HOW TO DRAW A TANGENT SEGMENTS TO A CIRCLE WHEN CENTRE IS NOT KNOWN...

HOW TO DRAW A TANGENT SEGMENTS TO A CIRCLE WHEN CENTRE IS NOT KNOWN?

Application of probability in business, Application of Probability in Busin...

Application of Probability in Business 1. Business games of chance for illustration, Raffles Lotteries. 2. Insurance firms: this is generally done when a new client or prop

Fundamentals of math, When there are 4 dots how many chords are they

When there are 4 dots how many chords are they

Finite difference method, Two reservoirs of equal cross sectional areas (31...

Two reservoirs of equal cross sectional areas (315 m 2 ) and at equal elevations are connected by a pipe of length 20 m and cross sectional area 3 m 2 . The reservoir on the left (

Choose a topic in measurement and design two activities, a) Choose a topic ...

a) Choose a topic in measurement, and design two activities in your context to help your pupils explore and learn the concept. b) Try these activities out on a few children, and

Polynomials, simplify the expression 3/5/64

simplify the expression 3/5/64

Initial value problem, An IVP or Initial Value Problem is a differential eq...

An IVP or Initial Value Problem is a differential equation with an appropriate number of initial conditions. Illustration 3 : The subsequent is an IVP. 4x 2 y'' + 12y' +

Linear algebra, i have question like proof, can you please help me on it?

i have question like proof, can you please help me on it?

Trigonometry, Solve the following: Line Bearings Distance a...

Solve the following: Line Bearings Distance a. N 15 E 4km b. S 10 E ? c. N 80 W ?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd