BTM - 6 - 3 Homework - Commissions and Royalties

BTM - 6 - 3 Homework - Commissions and Royalties

12th Grade

8 Qs

quiz-placeholder

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BTM - 6 - 3 Homework - Commissions and Royalties

BTM - 6 - 3 Homework - Commissions and Royalties

Assessment

Quiz

Other

12th Grade

Hard

Created by

Danielle Larson

Used 30+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Enid wrote a textbook for high school students. She receives a 5% royalty based on the total sales of the book. The book sells for $51.95, and 12,341 copies were sold last year. How much did Enid receive in royalty payments for last year, to the nearest cent?

32,055.75

2.60

617.05

12,822,299

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Mr. Corona sells magazines part-time. He is paid a monthly commission. He receives 21% of his first $1,500 in sales and 14% of the balance of his sales. Last month he sold $2,233 worth of magazine subscriptions. How much commission did he earn last month?

627.62

417.62

468.93

312.62

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Barry works at Larry’s Computer Outlet. He receives a weekly salary of $310 plus 3.05% commission based on his sales. Last year, he sold $1,015,092 worth of computer equipment. How much money did Barry earn last year, to the nearest cent?

47,080.31

30,960.31

16,120

309,603.06

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Semi - Monthly is how many times per year?

24

26

12

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Bi - weekly is how many times per year?

26

24

52

12

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Jill picks corn and gets paid at a piecework rate of 55 cents per container for the first 300 containers picked. She receives 60 cents per container for every container over

300 that she picks. Last week, Jill picked 370 containers. How much did she earn?

207

203.50

222

387

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Professional baseball player Rusty Raspberry earns $1,715,000 a year playing baseball. Last year, a biography that he had written sold 300,000 copies at a price of $24 each. Raspberry received 10% in royalties on the book sales. What was his total salary last year from the book and his baseball career?

2,435,000

1,745,000

7,200,000

1,715,000

8.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Silvan picks berries at Seymour’s Berry Farm. He receives 28 cents for each small basket picked. Last weekend, he was able to pick 731 baskets. How much did he earn?

204.68

20,468

208