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Each week a certain salesman is made a fixed amount equal to

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Each week a certain salesman is made a fixed amount equal to [#permalink] New post 18 Mar 2006, 22:03
Each week a certain salesman is made a fixed amount equal to $300 plus a commission
equal to 5 percent of the amount of these sales that week over $1,000. What is the total
amount the salesman was paid last week?
(1) The total amount the salesman was paid last week is equal to 10 percent of the
amount of these sales last week.
(2) The salesman’s sales last week total $5,000.
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Re: typical q [#permalink] New post 19 Mar 2006, 07:39
joemama142000 wrote:
Each week a certain salesman is made a fixed amount equal to $300 plus a commission
equal to 5 percent of the amount of these sales that week over $1,000. What is the total
amount the salesman was paid last week?
(1) The total amount the salesman was paid last week is equal to 10 percent of the
amount of these sales last week.
(2) The salesman’s sales last week total $5,000.


This is what I think:

1).. the answer is already given in this statement

2) with this info you can compute his salary.

So D..
i think there is a trick in this question, maybe I'm wrong.
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Re: typical q [#permalink] New post 22 Mar 2006, 00:51
Angela780 wrote:
This is what I think:

1).. the answer is already given in this statement


what first statement gives us is if x is total sale then the commision is 10% of x = 0.1x

but the commision is 300 + (x-1000) * 5/100

So we get:
300 + (x-1000) * 5/100 = 0.1x

so eventually we get X = 5000.... same as second statement....


So at the end of the day answer is D only :-D
Re: typical q   [#permalink] 22 Mar 2006, 00:51
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