Question

Marco had sales of $28,000. He makes a graduated commission of 4% on the first $10,000, 5% on the next $20,000 and 6% on anything over $30,000. Find his total commission

Answer 1

$1,300

Explanation:

commission on the first $10,000

= 4/100 * 10000

= $400

remaining amount

= $28,000 - $10,000

= $18,000

commission on remaining $18,000

= 5/100 * 18000

= $900

total commission

= $400 + $900

= $1,300