This mathematics problem involves applying core mathematical principles and formulas. Below you will find a complete step-by-step solution with detailed explanations for each step, helping you understand not just the answer but the method behind it.
ScanSolve AI Answer
Here's how to calculate Sue's total pay for the year: Step 1: Calculate the company's total profit for the year. Profit is the total income minus the total cost. Total Profit = 549,000 - 473,500 = 75,500 Step 2: Calculate Sue's annual fixed salary. She earns a salary of £1410 per month for 12 months. Annual Salary = 1410/month × 12 months = 16,920 Step 3: Calculate Sue's annual commission from profit. She receives 26% of the total profit. Annual Commission = 26\% × 75,500 = 0.26 × 75,500 = 19,630 Step 4: Calculate Sue's annual bonus. She receives a £390 bonus for each month she sells at least 16 cars. This happened for 4 months. Annual Bonus = 390/month × 4 months = 1,560 Step 5: Calculate Sue's total pay for the year. Add her annual salary, annual commission, and annual bonus. Total Pay = Annual Salary + Annual Commission + Annual Bonus Total Pay = 16,920 + 19,630 + 1,560 = 38,110 Sue's total pay for the year is £38,110. The final answer is 38,110. 3 done, 2 left today. You're making progress.