Question

During a month's time, an automobile sales person receives a 6% commission on the first $5000 in sales, a 7% commission on the next $5000 sales, 8% commission on anything over $10,000. What is her commission for $36,000 in sales?

166

likes
831 views

Answer to a math question During a month's time, an automobile sales person receives a 6% commission on the first $5000 in sales, a 7% commission on the next $5000 sales, 8% commission on anything over $10,000. What is her commission for $36,000 in sales?

Expert avatar
Hester
4.8
80 Answers
Answer: The commission for $36000 in sales is $2,730.

Solution: To calculate the commission for $36,000 in sales, we can break down the sales amount into different tiers based on the commission rates.

Step 1: Calculate the commission for the first $5,000 in sales at a 6% commission rate.

Commission for the first 5,000 = 5,000 * 0.06

Step 2: Calculate the commission for the next $5,000 in sales at a 7% commission rate.

Commission for the next 5,000 = 5,000 * 0.07

Step 3: Calculate the commission for the sales amount over $10,000 at an 8% commission rate.

Sales amount beyond 10,000 = 36,000 - $10,000

Commission for the sales beyond 10,000 = (Sales amount beyond 10,000) * 0.08

Step 4: Calculate the total commission by adding the commissions from each tier.

Total commission = Commission for the first 5,000 + Commission for the next 5,000 + Commission for the sales beyond $10,000

Now let's plug in the values:

Total commission = ( 5,000 * 0.06) + ( 5,000 * 0.07) + (( 36,000 - 10,000) * 0.08)

Total commission = 300 + 350 + ($26,000 * 0.08)

Total commission = 300 + 350 + $2,080
Total commission = 2730


Frequently asked questions (FAQs)
What percentage of students scored above the mean on a recent math test?
+
Math Question: Find the limit of (3x^2 - 5)/(x^2 - 2x - 15) as x approaches 4.
+
What is the value of sin(π/4)?
+
New questions in Mathematics
-x+3x-2,si x=3
For a temperature range between 177 degrees Celsius to 213 degrees Celsius, what is the temperature range in degrees Fahrenheit.
An electrical company manufactures batteries that have a duration that is distributed approximately normally, with a mean of 700 hours and a standard deviation of 40 hours. Find the probability that a randomly selected battery has an average life of less than 810 hours.
Suppose 56% of politicians are lawyers if a random sample of size 564 is selected, what is the probability that the proportion of politicians who are lawyers will differ from the total politicians proportions buy more than 4% round your answer to four decimal places
The beta of a company is 1.51 while its financial leverage is 27%. What is then its unlevered beta if the corporate tax rate is 40%? (4 decimal places)
Solve this mathematical problem if 3/5 of a roll of tape measures 2m. How long is the complete roll? Draw the diagram
According to a survey in a country 27% of adults do not own a credit card suppose a simple random sample of 800 adults is obtained . Describe the sampling distribution of P hat , the sample proportion of adults who do not own a credit card
A study reports the following final notation: F (3, 32) = 9.50, p < .05. How many total participants were involved in this study? Group of answer choices 34 32 36
find x in the equation 2x-4=6
Two business partners have a bank balance of $17,942.00. After the first year their interest brings their balance to $18,928.91. What rate of interest is earned?
A triangular window has a base of 6 ft. and a height of 7 ft. What is its area?
Write the equation of the line that is parallel to y= 4x-7 and has a y- intercept at (0,5)
The annual real property tax liability for a residential property is $4302 and has been paid by the seller in advance of closing. Using the 30-day month/260-day year method what will be the tax proration entry on the settlement statement round to the nearest dollar for a closing on Oct. 26 if the buyer owns the day of closing? a. $3525 credit to the buyer and $777 debit to the seller b. $777 debit to the buyer and $3525 debit to the seller c. $777 credit to the buyer and $777 debit to the seller d. $3525 debit to the buyer and $3525 credit to the seller *Can anyone help with this? I am studying for my real estate exam and am having trouble with some of the calculations :)
Consider mixing 150 ml, 0.1M, HCI with 100 ml, 0.2M, KOH solution. Determine the pH of final solution.
If the mean of the following numbers is 17, find the c value. Produce an algebraic solution. Guess and check is unacceptable. 12, 18, 21, c, 13
the length of the fenced in area is to be 5 ft greater than the width and the total amount of fencing to be used is 89 ft find the width and length
A small box measures 10 in. by 4 in. by 6 in. high. Find the volume of the box.
Mark is gluing a ribbon around the sides of a picture frame. The frame is 11 inches long and 7 includes wide. How much ribbon does Mark need?
An export company grants a bonus of $100,000 pesos to distribute among three of its best employees, so that the first receives double the second and the latter receives triple the third. How much did each person receive?
A plant found at the bottom of a lake doubles in size every 10 days. Yeah It is known that in 300 days it has covered the entire lake, indicate how many days it will take to cover the entire lake four similar plants.