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Marie sells outdoor grills. She knows she earns a 10% commission on the first $10,000 and 12% on the next $15,000. She does not remember the rate on the sales of more than $25,000 but her total sales for the month are $29,665, and her total commission is $4,891. What is her rate of commission for the sales over $25,000?

Respuesta :

The commission rate is 44.8%.

What is the commission rate?

The first step is to determine the commission on the first $10,000 : 0.1 x 10,000 = 1,000

The second step is to determine the commission on the next $15,000: 0.12 x $15,000 = $1,800

The third step to determine the commission on amounts more than $25,000 : x%(29,665 - 25,000)

x%(4,665)

Total commissions earned on amount more than $25,000 : $4,891 - (1,800 + 1,000) = $2091

Now, determine the commission rate : $2091 / $4,665 = 0.448 = 44.8%

To learn more about commissions, please check: https://brainly.com/question/20987196

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