5
QuizMultiple Choice

Variable Earnings — Quiz

Question 5 • Financial Math

Max has a monthly salary of 1 dollars comma 100 and also earns 7 point 5 percent commission on his sales. If Max had 43 dollars comma 000 in sales last month, what were his total earnings for the month?

Answer
A
3 dollars comma 225
B
5 dollars comma 150
C
4 dollars comma 050
D
4 dollars comma 325

Explanation

Max’s commission is 7.5% of $43,000: 0.075 × 43,000 = $3,225. Add his $1,100 monthly salary to get total earnings of $4,325. Therefore, the correct choice is D, $4,325.

AI-written and checked against the verified answer.

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