Question

Pete earns graduated commission on his sales each month. He earns 7% commission on the first $35,000 in sales and 9% on anything over that. If Pete had $43,000 in sales this month, how much commission did he earn?

a. $2,610
b. $3,170
c. $3,870
d. $6,880
Please select the best answer from the choices provided A B C D

Answer 1

b.$3170

Explanation:

43,000-35,000=8,000

SO you would find 9% commission on 8,000

8,000x.09=720

then, you would find his normal commission if he only made 35,000

so you would do 35,000x.07=2450

you would, then, add the two together to get his entire commission, which is $3170