Park Schultz
07/19/2024 · Junior High School
Tristen is a salesman whose base pay plus commissions amounted to \( \$ 59,238 \) last year. If his base pay was \( \$ 31,050 \) and he made \( \$ 97,200 \) in sales last year, what was his rate of commission?
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Tutor-Verified Answer
Step-by-step Solution
Let's denote the rate of commission as \( r \).
We know that Tristen's base pay plus commissions amounted to $59,238 last year. This can be represented as:
\[ \text{Base Pay} + \text{Commissions} = \$59,238 \]
Given that Tristen's base pay was $31,050, we can substitute this value into the equation:
\[ \$31,050 + \text{Commissions} = \$59,238 \]
We also know that Tristen made $97,200 in sales last year. The commissions he earned from sales can be calculated as:
\[ \text{Commissions} = \text{Sales} \times r \]
Substitute the value of sales into the equation:
\[ \text{Commissions} = \$97,200 \times r \]
Now, we can substitute the value of commissions from the first equation into the second equation to solve for the rate of commission \( r \).
Solve the equation by following steps:
- step0: Solve for \(r\):
\(31050+97200r=59238\)
- step1: Move the constant to the right side:
\(97200r=59238-31050\)
- step2: Subtract the numbers:
\(97200r=28188\)
- step3: Divide both sides:
\(\frac{97200r}{97200}=\frac{28188}{97200}\)
- step4: Divide the numbers:
\(r=\frac{29}{100}\)
The rate of commission for Tristen is $0.29 per dollar of sales.
Quick Answer
The rate of commission is $0.29 per dollar of sales.
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