Paul works for a company that deals in paints and dyes. He is paid a fixed monthly salary plus 15 percent commission on monthly sales over $20,000.
Mathematics · High School · Tue Nov 03 2020
Answered on
Given the statement:
Paul works for a company that deals in paints and dyes. He is paid a fixed monthly salary plus 15 percent commission on monthly sales over $20,000.
Solution:
We can determine Paul's commission by simply multiplying the decimal value of 15% to 20,000. In converting a percentage into decimal, divide the percentage by 100, hence in converting a decimal to percentage, multiply the percentage by 100.
= 15/100
= 0.15
= (0.15)($20000)
= $3000
Final answer:
= $3000