romansoldier3096 romansoldier3096
  • 24-02-2020
  • Mathematics
contestada

Gets paid 16% commission on everything he sells. Ones week he was paid $515 for working 20 hours and selling 1,500 worth of camera equipment. What is his hourly rate ?

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segehood
segehood segehood
  • 24-02-2020

Answer:

$13.75

Step-by-step explanation:

Given that he's paid = $515

Sold equipment worth = $1500

His commission of 16% for the week therefore

= ( 16/100 ) × 1500

= 0.16 × 1500

= 240

So, commission in $ received for the week = $240

Actually salary less commission = 515 - 240

= $275

If he worked 20 hours in the week and made $275

Hourly rate therefore = Total salary less commission ÷ total number of hours

= 275 ÷ 20

= 13.75

Therefore his hourly rate = $13.75

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