Problem

Daniel earns a salary of $\$ 2020$ per month has a sales person. If he also earns a commission of $7.7 \%$ on the first $\$ 30,000$ in sales and $13.6 \%$ on any further sales, what is his annual salary if he sells an average of $\$ 43,000$ per month?

Answer

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Answer

\(\boxed{73176}\)

Steps

Step 1 :Calculate Daniel's monthly commission based on his sales: \(commission1 = 30000 * 0.077 = 2310\) and \(commission2 = (43000 - 30000) * 0.136 = 1768\)

Step 2 :Add his monthly salary and commission to find his total monthly income: \(total\_monthly\_income = 2020 + 2310 + 1768 = 6098\)

Step 3 :Multiply his total monthly income by 12 to find his annual salary: \(annual\_salary = 6098 * 12 = 73176\)

Step 4 :\(\boxed{73176}\)

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