Income — Quiz Answers

Marcel has been offered two sales roles. The first role, at Company A, offers a base salary of $50,000 and a commission of 5% on all sales. Assuming Marcel can make sales worth $200,000 in a year, what would be their total income from Company A? The second role, at Company B, offers a higher base salary of $55,000 but a lower commission of 3% on all sales. Based on the same sales assumption, which role would offer Marcel a higher total annual income?

Dalton's boutique had 52 customers visiting daily. After some road construction started near the boutique, the daily customer count decreased to 40. What was the percent decrease in daily customer visits?

Libby is considering two different positions within the same company. The first position, as a Project Manager, offers a base salary of $70,000 with a potential performance bonus of up to 10% of the base salary. The second position, as a Team Lead, offers a base salary of $65,000 but comes with a guaranteed annual bonus of $8,000. Which position would offer Libby a higher potential maximum annual income?

Hana invested $5,000 in a mutual fund. At the end of the month, she received a return of 4% on her investment. Additionally, she earns a monthly salary of $4,000 and received an overtime payment of $250. How much did Hana earn in total for the month, including her salary, overtime, and investment return?

Erika owned a gym with a yearly membership fee of $500. To attract more members, the yearly fee was changed to $475. Calculate the percent change in the gym's yearly membership fee. Choose the correct answer from each drop-down menu.

Kennedy has received two job offers. The first job, at Company A, offers a monthly salary of $4,000, a yearly bonus of $6,000, and includes health insurance. The second job, at Company B, offers a monthly salary of $4,200, a yearly bonus of $5,000, but does not include health insurance. Which job would provide Kennedy with a higher net annual income assuming that Kennedy needs to have health insurance?

Sidney was a teacher with an annual salary of $40,000. After completing a professional development course, Sidney's annual salary changed to $44,000. Calculate the percent change in Sidney's salary. Choose the correct answer from each drop-down menu.

Sheldon works in a retail company and earns a base salary of $4,000 per month. At the end of the quarter, he received a bonus equivalent to 15% of his three-month salary. In the same month, he worked 15 hours of overtime at $25 per hour. How much did Sheldon earn in total for that month, including his base salary, quarter bonus, and overtime?

Roy works in a restaurant and earns a base salary of $3,000 per month. In a particular month, he received tips amounting to 10% of his base salary. Additionally, he worked 10 hours of overtime at $20 per hour. How much did Roy earn in total for that month, including his base salary, tips, and overtime?