Answer:
$45,000
Step-by-step explanation:
Base salary = $40,000
If the salesperson sells $500,000 worth of software she meets a gate that entitles her to a bonus of 2% commission on additional sales.
Commission = 2% of additional sales (More than $500,000)
It is given that new salesperson sold $750,000 worth of software the first year.
Let as assume we need to find the total salary of new salesperson.
Additional sales = $750,000 - $500,000 = $250,000
Commission on additional sales
[tex]Commission=250,000\times \frac{2}{100}=5000[/tex]
Total salary = Base salary + Commission
Total salary = $40,000 + $5,000
Total salary = $45,000
Therefore, the total salary of new salesperson is $45000.
