Problema Solution

Matt is paid weekly and earns a 3.5% straight commission on sales of $6,500 or less and 5% on sales in excess of $6,500. Last week, Matt's total graduated commission was $415. What were his total sales for the week

Answer provided by our tutors

max commision for 6500 = 227.5

so remining commision = 415 - 227.5 = 187.5

so excess sales = 3750

 

total sales = 6500 + 3750 = 10250