Aley Company pays all its employees on a graduated commission scale: 3 percent o

Question

Aley Company pays all its employees on a graduated commission scale: 3 percent on the first 30,000 dollars sales, 5 percent on sales from 30,000 dollars to 110,000 dollars, and 7percent on sales more than 110,000 dollars. Jim Jones, an employee of Aley, has 130,000 dollars in sales. What commission did Jim earn?

Select one:

a. 6,300 dollars

b. 6,900 dollars

c. 7,700 dollars

Aley Company pays all its employees on a graduated commission scale: 3 percent on the first 30,000 dollars sales, 5 percent on sales from 30,000 dollars to 110,000 dollars, and 7percent on sales more than 110,000 dollars. Jim Jones, an employee of Aley, has 130,000 dollars in sales. What commission did Jim earn? Select one: a. 6,300 dollars b. 6,900 dollars c. 7,700 dollars d. 9,100 dollars

Explanation / Answer

0.03*30000 + 0.05*80000 + 0.07*20000
=6300

so the answer is : (a) 6,300 dollar

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