menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Mathematics
  3. Study Set
    Business Mathematics Study Set 1
  4. Exam
    Exam 1: Review and Applications of Basic Mathematics
  5. Question
    Bill Is Paid on a Graduated Commission Scale of 1
Solved

Bill Is Paid on a Graduated Commission Scale of 1

Question 86

Question 86

Short Answer

Bill is paid on a graduated commission scale of 1% on his first $200,000 in sales, 2% on the next $300,000, and 4% on all additional sales in a month. What is Bill's average commission rate on monthly sales totalling $600,000?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q81: Evaluate <span class="ql-formula" data-value="\$ 675\left[\frac{\left(1+\frac{0.065}{4}\right)^{6}-1}{\frac{0.065}{4}}\right]"><span

Q82: What amount is 233.3% of $75 accurate

Q83: $75 is 20% of what amount?

Q84: A recent poll of 2,000 Canadian families

Q85: The assessment on a farm consists of

Q87: Ignoring the quantities sold, what was the

Q88: A provincial Minister of Education recently announced

Q89: If the total of all assessed values

Q90: Evaluate the following to the correct

Q91: Convert the following fraction to its

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines