Mary’s gross monthly salary is $10,611 on net sales totalling $98,000. If her base salary is $ 1,210 per month, what is her percent rate of commission on sales exceeding her quota of $25 000?   Round your final answer to two decimal places. 

Expert Answers

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Percent commission on $98,000 - $25,000 = $73,000

`10,611 = 1210 + 73,000x` where x represents % commission.

Subtract 1210.

`9401 = 73000x` Divide by 73000.

`9401/73000 = (73000x)/73000`

` ` `0.128781 = x`

This makes `12.8781%`

Rounded to 2 decimal places, the percent commission is 12.88%.

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