We need to separate his total earnings out into the different categories:
Category 1 (2%): 30,000
Category 2 (3%): 60,000-30,000 = 30,000
Category 3 (5%): 92,000-60,000 = 32,000
To calculate a percentage we multiply by that percentage divided by 100.
Now we can work out the commissions:
1) 30,000*0.02 = $600
2) 30,000*0.03 = $900
3) 32,000*0.05 = $1600
Adding these together, we get $3100
Answer:
He must earn $2,400 to cover both leisure and $2,160 for school expenses.
Step-by-step explanation:
Let the total amount Ken must earn be k. Then 10% of that would cover leisure activities and the remaining 90% specifically for school expenses.
Then 0.90k = $2,160, and k = $2,400.
He must earn $2,400 to cover both leisure and $2,160 for school expenses.
22 because, since they had $8 remaining, you add the $3 so that’ll equal 11, and then since they used 1/2 of their money, $11 plus 11 is 22.