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    Contemporary Business Mathematics Study Set 1
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    A Salesperson Had Gross Earnings of $943
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A Salesperson Had Gross Earnings of $943

Question 19

Question 19

Essay

A salesperson had gross earnings of $943.25 for last week on gross sales of $8320.00. If returns and allowances were 5.5% of gross sales, what is his rate of commission based on net sales?

Correct Answer:

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Net sales = (1 - .05...

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