A store pays a 6% commission on the first $500 in sales and 8% on sales over $500. Find the commission on an $800 sale.
I just need the commission on the $800 sale, cause i finish the other questions in this problem. Please explain how to do it.
30+24= $54
(0.06 * 500) + (0.08 * 300) = _________
Right.
Thank you
You're welcome.
Where does the 300 come from?
To find the commission on an $800 sale, we need to calculate the commission for both portions of the sale separately and then add them together.
First, let's find the commission for the first $500. The store pays a 6% commission on this amount. To calculate it, we multiply $500 by 6% (or 0.06):
Commission for the first $500 = $500 * 0.06 = $30
Next, let's find the commission for the remaining amount, which is $800 - $500 = $300. The store pays an 8% commission on this remaining amount. To calculate it, we multiply $300 by 8% (or 0.08):
Commission for the remaining $300 = $300 * 0.08 = $24
Finally, we add both commissions together to get the total commission on the $800 sale:
Total commission = Commission for the first $500 + Commission for the remaining $300
= $30 + $24
= $54
Therefore, the commission on an $800 sale is $54.