Answer:
Weekly gross of salesperson is $10,000.
Step-by-step explanation:
Given:
Base salary of salesperson = $100
Commission on gross sales = 6%
Total salary per week = $700
To find:
Weekly gross = ?
Solution:
It is given that the salesperson will get $100 as base salary which is fixed and a 6% of commission on his weekly gross.
So, Total salary will be given by the following formula:
Base Salary + 6% Commission on his weekly gross
OR
Total Salary = $100 + 6% of Weekly Gross
Let the weekly gross = $[tex]x[/tex]
Putting the values in the formula:
[tex]\$700 = \$100 + 6\% \times x\\\Rightarrow $600 = \dfrac{6}{100}\times x\\\Rightarrow 600\times 100 = 6x\\\Rightarrow x = \dfrac{60000}{6}\\\Rightarrow x = \$10000[/tex]
So, the answer is:
The weekly gross of the sales person is $10,000.
