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Activity 1. Peter is a broker who earns commission of 3 % on all securities sales that he makes. For the past year, he closed
Activity 1. Peter is a broker who earns commission of 3 % on all securities sales that he makes. For the past year, he closed sales totaling P928,867. Find the amount of commission he earned for the year. 2. Roger is a Sales Engineer receiving a basic monthly compensation of P13,500.00 and commission on all sales of 1% Compute for his gross earnings for the month if he sold P124,580,00 3. Alex is a straight commision Salesman. He is given commission on the basis of the following schedule: Monthly Sales Less than P50,000 1% P50,000-99,999 2% P100,000-149,999 3% P150,000 and above 4% Compute for his commission assuming his total sales is: a. P75,800 b. P49,900 c. P151,200 d. P123,500 4. Moses is a Sales Representative receiving an annual salary of P130,000 plus commission on all his sales above quota of P25,000 in accordance with the following schedule: 1% 1% First P30,000 above quota Next P50,000 Next P70,000 Over P150,000 2% 3% Compute for his gross earnings if his sales for the month: a. P24,800 b. P57,600 c. P67,700 d. P120,300
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