# At Zabowood’s Gadget Store, some items are paid on instalment basis through credit cards. Clariza wa

Discussion in 'Calculator Requests' started by math_celebrity, Dec 16, 2021.

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At Zabowood’s Gadget Store, some items are paid on instalment basis through credit cards. Clariza was able to sell 10 cellphones costing Php 18,000.00 each. Each transaction is payable in 6 months equally divided into 6 equal instalments without interest. Clariza gets 2% commission on the first month for each of the 10 cellphones. Commission decreases by 0.30% every month thereafter and computed on the outstanding balance for the month. How much commission does Clariza receive on the third month?

Calculate Total Sales Amount:
Calculate Total Sales Amount = 10 cellphones * 18000 per cellphone
Calculate Total Sales Amount = 180000

Calculate monthly sales amount installment:
monthly sales amount installment = Total Sales Amount / 6
monthly sales amount installment = 180000/6
monthly sales amount installment = 30000 per month

Calculate Third Month Commission:
Third month commission = First Month Commission - 0.30% - 0.30%
Third month Commission = 2% - 0.30% - 0.30% = 1.4%

Calculate 3rd month commission amount:
3rd month Commission amount = 1.4% * 30000
3rd month Commission amount = 420