Calculating Earnings and Percentages

The video tutorial explains how to calculate Yolanda's weekly earnings, which include a base salary of $1,200 and a commission of 1.2% on sales exceeding $10,000. The process involves subtracting $10,000 from the total sales, converting the percentage to a decimal, and applying BEDMAS rules to compute the commission. The final earnings are calculated by adding the base salary and the commission, followed by rounding to two decimal places to reflect dollars and cents.

What is Yolanda's base salary per week?

• $1,000

• $1,500

• $1,800

• $1,200

What percentage commission does Yolanda earn on sales over $10,000?

• 2.0%

• 1.2%

• 1.5%

• 1.0%

If Yolanda's sales for the week are $22,653, what is the amount over $10,000?

• $10,653

• $9,653

• $11,653

• $12,653

What is the significance of the number 10,000 in the commission calculation?

• It's the total sales

• It's the base salary

• It's the sales threshold

• It's the commission rate

What mathematical operation is used to find the commissionable sales amount?

• Division

• Multiplication

• Subtraction

• Addition

How do you convert a percentage to a decimal?

• Multiply by 100

• Divide by 100

• Subtract 100

• Add 100

What is the decimal equivalent of 1.2%?

• 12

• 1.2

• 0.12

• 0.012

What is the role of the decimal point in the commission calculation?

• To indicate thousands

• To convert percentage to decimal

• To round numbers

• To separate dollars and cents

What is the first step in applying BEDMAS to calculate the commission?

• Divide first

• Multiply first

• Subtract first

• Add first

What is the result of multiplying 12,653 by 0.012?

• $151.836

• $151.683

• $151.368

• $151.863