On 3 sales John has received commissions of $240,$80,$110,and has 1 sale pending.If Johnis to receive an avera?
September 8, 2010 by admin
Filed under average sales commissions
On 3 sales John has received commissions of $240, $80, and $110, and he has 1 additional sale pending. If John is to receive an average commission of exactly $150 on the 4 sales, then the 4th commission must be
170
4 sales x $150 = $600
He’s earned $430
$600 – $430 = $170
His commission must be $170 in order for the “average” to be $150.
Average is calculated this way:
Take all 4 sales and add them together. Then divide by 4