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11 Feb 2020, 04:06
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A
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Difficulty:
35%
(medium)
Question Stats:
73% (02:07) correct
27%
(02:19)
wrong
based on 124
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A sales staff is composed of a sales manager and two sales people, all of whom earn commission as a percentage of sales. Each sales person earns 5% commission on sales. In a given week, the sales staff earned a total of $1,750 in commissions on $5,000 worth of sales. What commission rate did the sales manager earn during that week?
(A) 25%
(B) 30%
(C) 35%
(D) 40%
(E) 45%
(A) 25%
(B) 30%
(C) 35%
(D) 40%
(E) 45%
11 Feb 2020, 04:26
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5000 total sales
1750 --> 35% over total sales
We subtract both 5% of the 2 salespeople
Remeaning: 25% > Sales manager
Final Answer: A
1750 --> 35% over total sales
We subtract both 5% of the 2 salespeople
Remeaning: 25% > Sales manager
Final Answer: A
11 Feb 2020, 05:16
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Each sales person earns 5 percent on total sales and there are 2 sales persons. So total commission earned by them--> 5000*5%*2= 500
Commission earned by the sales manager= 1750-500= 1250
Commission earned by the sales manager as a percentage of total sales= 1250/5000 = 25%
Answer: A
Commission earned by the sales manager= 1750-500= 1250
Commission earned by the sales manager as a percentage of total sales= 1250/5000 = 25%
Answer: A
