Mrs Aquino is a car sales agent, who earns P15550. 00 monthly plus a 4% commission on all her sales. During a month, she sold a car worth P840000. 00. How much is her total earnings?
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Mrs Aquino is a car sales agent, who earns P15550. 00 monthly plus a 4% commission on all her sales. During a month, she sold a car worth P840000. 00. How much is her total earnings?
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Answer:
Mrs. Aquino's total earnings for the month can be calculated as follows:
First, we need to calculate her commission on the sale of the car. Her commission is equal to 4% of the sale price, or:
```
Commission = 0.04 x P840000 = P33600
```
Next, we need to add her monthly salary to her commission to get her total earnings for the month:
```
Total Earnings = Monthly Salary + Commission
= P15550 + P33600
= P49150
```
Therefore, Mrs. Aquino's total earnings for the month are **P49,150**.
I hope that helps! Let me know if you have any other questions.