Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5,000, 4% if his sales are over $8,000, and 5% if sales are over $15,000. How much will Nitin earn in a week in which his sales are $20,000?

A) $1,200
B) $1,000
C) $800
D) $600
E) $200

Question

Felicia Adwubi · Accepted Answer

Final Answer : A, Explanation :  Nitin earns a base salary of $200. For sales of $20,000, he gets 5% commission (since $20,000 is over $15,000), which is $20,000 * 5% = $1,000. So, his total earnings are $200 (base salary) + $1,000 (commission) = $1,200.

Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5,000, 4% if his sales are over $8,000, and 5% if sales are over $15,000. How much will Nitin earn in a week in which his sales are $20,000?

A) $1,200
B) $1,000
C) $800
D) $600
E) $200

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Learning Objectives

Related questions

Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5,000, 4% if his sales are over $8,000, and 5% if sales are over $15,000. How much will Nitin earn in a week in which his sales are $20,000?A) $1,200B) $1,000C) $800D) $600E) $200

Definitions

Learning Objectives

Learning Objectives

Related questions

Nitin is paid a base salary of $200 per week and commission at the rate of 3% for sales over $5,000, 4% if his sales are over $8,000, and 5% if sales are over $15,000. How much will Nitin earn in a week in which his sales are $20,000?

A) $1,200
B) $1,000
C) $800
D) $600
E) $200