math

posted by .

Aley Company pays all its employees in a graduated commission scale: 3% on the first $30,000 sales, 5% on sales from $30,000 to $110,000, and 7% on sales more than $110,000. Jim Jones, an employee of Aley, has $130,000 in sales. What commission did Jim earn? Show

  • math -

    Work in tiers.
    If sales exceed the first tier: commission 30000*3%=$900
    Subtract the first tier and calculate on the next:
    130000-30000=100000
    All of it goes on 7%, so
    100000*5%=$5000
    So he gets $5000+$900=$5900 in commission.

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. math

    janine is paid commission of 3% on all sales up to and including $10 000, and 5% on all sales over 10 000. how much commission will she earn on sales of 48 000?
  2. computer subject

    SPECS:construct a flowchart that shall producethe corresponding sales commission amount of each sales income enterd. LEGND: commission table(per month) sales income bracket commission rate above $/100,000 15% $/75,000.01-$/1000,000 …
  3. please help

    . If Healthy Foods has an annual interest expense of $10,000, calculate the degree of financial leverage at both 20,000 and 25,000 bags. 20,000 bags x $10 = 200,000 - $10,000 = 190,000 – 80,000 = 110,000 25,000 bags x $10 = 250,000 …
  4. Math!

    Wasim is paid on a graduated scale of 5% on the first $10,000 of sales in a month, 7% on the next $25,000, and 9% on all additional sales. a)What will he be paid in a month in which sales are $62,760?
  5. Algebra

    Solve the problem. A salesperson gets a commission of $600 for the first $10,000 of sales, and then $300 for each additional $10,000 or partial of sales. Let S(x) represent the commission on x dollars of sales. Find the value of S(45,000)
  6. Fin 324

    Using the following data, compute net sales sales discounts 50,000 Accounts receivable, ending 125,000 Gross Sales 2,500,000 Inventory, ending 200,000 sales returns and allowances 75,000
  7. Math

    I need help with these following questions: 1. Which type of graph is best to illustrate differences in data by using bars to represent the data?
  8. Math

    Sales made last year by Lane's Appliance Store are listed below. The first number tells how many employees made the sales amount. Two sales employees earned in the range of $130,001-$150,000. Six sales employees earned in the range …
  9. math

    The Recall Computer Company has six territories, each represented by one salesperson. After extensive planning, the company determines that each territory would be expected to achieve the following percentages of total company sales …
  10. percentages

    This table is used to calculate annual commissions and salaries for car salespeople. What would the total yearly earnings of a sales assistant be who has $90,000 in sales?

More Similar Questions