Kristy, a sales representative earns a basic salary of $7.50 per hour plus a 16% commission on everything she sells. This month, she worked for 160 hours and sold $25000 worth of items. Her monthly budget for food, clothing, rent, transportation, bills and savings is 95% of her total monthly earnings and the rest will be put towards insurance. How much did she allocate to insurance?
How much did Kristy earn in total? ** Kristy earns a basic salary of $7.50 x 160 = $<<7.5*160=1200>>1200.
How much did Kristy earn in total? ** Her total commission is $25000 x 16/100 = $<<25000*16/100=4000>>4000.
How much did Kristy earn in total? ** Thus, her total earning is $1200 + $4000 = $<<1200+4000=5200>>5200.
How much did Kristy allocate to food, clothing, rent, transportation, bills and savings? ** Her monthly budget aside from the insurance is $5200 x 95/100 = $<<5200*95/100=4940>>4940.
How much did Kristy allocate to insurance? ** Therefore, she allocated $5200 - $4940 = $<<5200-4940=260>>260 on insurance.
#### 260