A car dealership pays you 5% commision on your first 10,00 car sales and 8% commission on the sale amount over 10,000. If you so
ld a 12,00 car, how much is your commission
1 answer:
You get 5% for 10,000.
You get 8% anything over 10,000.
You sold 12,000, which means you had 2,000 more than 10,000.
Calculate the commission on each amount with the appropriate rate:
10,000 * 0.05 = 500
2,000 * 0.08 = 160
Total pay: 500 + 160 = $660
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