SOLUTION: compute the total commission on sales of $75,000 if the commission rates are 2% on the first $40,000, 3% on the next $25,000, and 4% on anything above $65,000.

Question 973138: compute the total commission on sales of $75,000 if the commission rates are 2% on the first $40,000, 3% on the next $25,000, and 4% on anything above $65,000.
Answer by Theo(13342) (Show Source): You can put this solution on YOUR website!
commission is 2% on first 40,000 = .02 * 40,000 = 800.

commission is 3% on next 25,000 = .03 * 25,000 = 750.

commission is 4% on anything above 65,000.

75,000 - 65,000 = 10,000 * .04 = 400.

total commission is 800 + 750 + 400 = 1950.

total sales was 40,000 + 25,000 + 10,000 = 75,000.

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