A manufacturer of water purifiers offers sales people the following commission structure: 2% for the first $5000

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A manufacturer of water purifiers offers sales people the following commission structure: 2% for the first $5000 they sell, 3% on the next $3000, and 5% thereafter. Larisa, a new sales representative, has sales of $6000 in the first month, $10,000 in the second month, and $15,000 in the third month.

a. What were her commissions for the first three months?

b. What single commission rate would represent her earnings in the third month?

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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