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19 Feb 2018, 23:10
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C
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
89% (01:06) correct
11%
(00:59)
wrong
based on 45
sessions
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Not Attempted Yet
A salesclerk is paid a minimum weekly salary of $210 plus a commission equal to 10% of the value of sales she makes in excess of $3,000 for the week. If the sales-clerk wishes to earn at least $370 for a week, what is the minimum value of sales she must make for that week?
(A) $1,600
(B) $3,700
(C) $4,600
(D) $6,700
(E) $6,910
(A) $1,600
(B) $3,700
(C) $4,600
(D) $6,700
(E) $6,910
19 Feb 2018, 23:17
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Minimum Salary - $ 270
To get a weekly salary of $370 - salesclerk needs to get $160 ($370 - $210) in commission.
Commission is 10% of sales done in excess of $3000. To get $160 in commission , the salesclerk should generate $1600 in excess of $3000. So the total sales done should be $4600.
Ans: C
To get a weekly salary of $370 - salesclerk needs to get $160 ($370 - $210) in commission.
Commission is 10% of sales done in excess of $3000. To get $160 in commission , the salesclerk should generate $1600 in excess of $3000. So the total sales done should be $4600.
Ans: C
19 Feb 2018, 23:22
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Excess Sale= $4600 - $3000= $1600
Commission= $1600 *\(\frac{10}{100}\)= $160
Total Earning = $210+$160= $370
Minimum Target Sale= $4600
Answer: C.
Commission= $1600 *\(\frac{10}{100}\)= $160
Total Earning = $210+$160= $370
Minimum Target Sale= $4600
Answer: C.
