A company pays commissions of 6% on the first $500 in sales and 8%on sales over $500.What is the commission on an $800 sale?
500 * 0.06 = ?
300 * 0.08 = ?
Add the two commissions together to find the total.
To calculate the commission on an $800 sale, we'll need to use the given commission rates for different sales amounts.
Step 1: Calculate the commission on the first $500 of sales:
Commission on the first $500 = 6% of $500
Commission on the first $500 = (6/100) * $500
Commission on the first $500 = $30
Step 2: Calculate the commission on the remaining sales amount:
Remaining sales amount = $800 - $500 = $300
Commission on the remaining sales amount = 8% of $300
Commission on the remaining sales amount = (8/100) * $300
Commission on the remaining sales amount = $24
Step 3: Total commission on the $800 sale:
Total commission = Commission on the first $500 + Commission on the remaining sales amount
Total commission = $30 + $24
Total commission = $54
Therefore, the commission on an $800 sale would be $54.