commission: 10 percent on first $5,000.00; 15...
commission: 10 percent on first $5,000.00; 15 percent over $5,000.00. find the total graduated commission on $22,000.00.
Answer
# Explanation:
## Step1: Calculate commission on first $5000
The commission rate on the first $5000 is 10%. So the commission amount is $5000\times0.10$.
$5000\times0.10 = 500$
## Step2: Calculate amount over $5000
The total amount is $22000$. The amount over $5000 is $22000 - 5000=17000$.
$22000 - 5000=17000$
## Step3: Calculate commission on amount over $5000
The commission rate on the amount over $5000 is 15%. So the commission amount is $17000\times0.15$.
$17000\times0.15 = 2550$
## Step4: Calculate total commission
Add the two - part commissions together.
$500+2550 = 3050$
# Answer:
$3050$