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?
1 Answer
Oct 10, 2017
$3,170
Explanation:
He earns 7% commission on $35,000 and 9% commission on ($43,000 - $35,000) or $8,000.
His total earnings = 35,000 x 7% + 8,000 x 9%