Lenny works at Lexus selling cars. His salary is $40,000 a year plus commission. He gets 1.25% commission on the cars he sells. Lexus cars are expensive and cost $50,000 each on average. After a year, Lenny sells $2,500,000 worth of cars. What is Lenny's total income after a year?

$71, 250

Step-by-step explanation:

Given that:

Fixed salary of Lenny = $40,000

Commission on the cars sold by Lenny = 1.25%

Cost of each Lexus car = $50,000

Total worth of which cars are sold by Lenny = $2,500,000

To find:

Lenny's total income after a year?

Solution:

Lenny's salary consists of two parts i.e. Fixed salary and the variable part as per the commission depending upon the sales done by Lenny.

Fixed salary = $40,000

Commission earned = 1.25% of $2,500,000

Therefore, Lenny's total salary after a year = $40,000 + $31,250 = $71, 250

0.0076, if you meant 4.125 divided by 0.03125 it would be 132

step-by-step explanation:

first you have to move the decimal in 0.03125 over until its behind the 5 which is 5 places over. now the number is 3125

then you have to move the decimal in 4.125, 5 places over. now the number is 4,112,500.

now you divide like you would normally would and get 0.0076