A yearly salary of $28 560 or a salary/commission package of $24 000 yearly salary plus 5% commission. If Mandy's expected sales for the year amount to $46 350, which option produces the higher yearly income?
5% commission on $46,350 is:
5100×46350=46352=2317.5
Add this to $24000
24000+2317.5=26317.5
$26,317.5 is less than $28,560, so the salary without commission option is better here.