Question

Pete earns graduated commission on his sales each month. He earns 7% commission on the first $35,000 in sales and 9% on anything over that. If Pete had $43,000 in sales this month, how much commission did he earn?

Answer 1

$3,170 is the answer

Answer 2

Total sales for this month are:

$43,000$

We can rewrite this number as follows:

$43,000 = 35,000 + 8,000$

Then, we know the percentages for profit.

Therefore, for this month, Pete's commissions are:

$(0.07) * (35000) + (0.09) * (8000) = 3170$

Answer:

The total commissions that Pete won in $ are:

$3170$