Tonio's salary is composed by:
- A base value of $18,200.
- A commission of 2.3% for all ticket sales, which average $15,500 per week. Hence 52 x 15,500 per year, as a year has 52 weeks.
- Another commission of $0.03 per visitor to the website, which averages 12,400 per month, hence 12 x 12,400 per year, as a year has 12 months.
Then, the total commissions are given by:
T = 0.023x52x15500 + 0.03x12x12400 = 23002
Tonio will earn a total of $23,002 in commissions this year.
Total amount Tonio earns from visits to the website: 0.03x12x12400 = $4464
Tonio’s total earnings: $18,200 + $23,002 = $41202