The total earnings will be $100,800 this year
Given: Per hour payment (PPH) = $22
Commission (R) = 16% on the total sales
Number of hours worked (W) = 2400
Total sale (A) = $300,000
How to calculate the amount of commission C for some amount A and the commission rate R on the given amount A?
We can calculate it by the following formula:
Amount of commission = amount × commission rate
C = A × R
How to calculate the total payment P from a given amount of money per hour (PPH) and the total number of hours worked (W)?
We can calculate the total payment from given total number of hours by the following formula:
Total payment = Money per hour × total number of hours worked
P = PPH × W
So for the given question we need to apply the following formula:
Total money earned = Total payment + amount of commission
Total money earned = P + C
where P can be expanded as: P = PPH × W
PPH = Payment per hour
W = Total number of hours worked
C can be expanded as: C = A × R
A = Total amount (here Sales)
R = Commission rate
So the final equation can be written as:
Total money earned = (PPH × W) + (A × R)
Therefore earning this year is given as:
Total money earned = (22 * 2400) + (300000 × 16 / 100) = 100,800
Therefore, Total money earned = $100,800
Hence, the earnings for this year is $100,800
Know more about "sales and earnings" problems here: https://brainly.com/question/15272447
#SPJ1