question archive Pedro works as a salesman of ZZZ Trading

Pedro works as a salesman of ZZZ Trading

Subject:LawPrice:9.82 Bought3

Pedro works as a salesman of ZZZ Trading. The agreement between Pedro and ZZZ provides the following terms: 

 

Basic Salary                                                    P25,000

5% commission on every sale

Incentive upon meeting of target                    15,000

 

Pedro made a total sales of P250,000 for the month. Incidentally, during the month, Pedro received a P50,000 commission from selling his friend's vacant lot.

 

How much is the regular compensation income of Pedro?

P25,000

P40,000

P52,500

P102,500

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