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Craig sells major appliances. For each appliance he sells, C

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Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 22 Jan 2014, 02:19
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The Official Guide For GMAT® Quantitative Review, 2ND Edition

Craig sells major appliances. For each appliance he sells, Craig receives a commission of $50 plus 10 percent of the selling price. During one particular week Craig sold 6 appliances for selling prices totaling $3,620. What was the total of Craig's commissions for that week?

(A) $412
(B) $526
(C) $585
(D) $605
(E) $662

Problem Solving
Question: 52
Category: Arithmetic Percents
Page: 68
Difficulty: 600


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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 22 Jan 2014, 02:19
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SOLUTION

Craig sells major appliances. For each appliance he sells, Craig receives a commission of $50 plus 10 percent of the selling price. During one particular week Craig sold 6 appliances for selling prices totaling $3,620. What was the total of Craig's commissions for that week?

(A) $412
(B) $526
(C) $585
(D) $605
(E) $662

Craig receives a commission of $50 on each appliance plus a 10% commission on total sales, thus his commission was 6*50 + 0.1*3,620 = 662.

Answer: E.
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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 22 Jan 2014, 07:49
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$50*6 Appliances=$300
10%0f $3,620=362

Total commission for the week=$300+$362=$662

Answer is E
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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 22 Jan 2014, 09:05
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Selling Prices of 6 appliances=$3620
Commission=10% of 3620+50*6=362+300=662
Ans.E

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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 22 Jan 2014, 09:13
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total sales prices of 6 appliances=$3620
fixed commission of 6 appliances => 6*50=300
variable commission of 6 appliances => 3620*10%=362
Answer: 300+362=$662
right answer is E
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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 22 Jan 2014, 21:23
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The commission that Craig receives can be classified as Fixed and Variable commission.
Since he sold 6 appliances,
Fixed commission for 6 appliances = 50 * 6 = 300;
Variable commission for 6 appliances = (0.1) * 3,620 = 362;

Total commission = 300 + 362 = 662;

Ans is (E).
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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post Updated on: 26 Jan 2014, 08:06
Bunuel wrote:
Craig sells major appliances. For each appliance he sells, Craig receives a commission of $50 plus 10 percent of the selling price. During one particular week Craig sold 6 appliances for selling prices totaling $3,620. What was the total of Craig's commissions for that week?

(A) $412
(B) $526
(C) $585
(D) $605
(E) $662




we can find 10% of the Six appliances individually or 10% of the total of Six appliances .

Since individual prices are not given but we know the total of the six appliances
hence 10% of 3620=362
50*6 for the 6 appliances he sold = 300
300+362 =662

Answer E
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Originally posted by stne on 23 Jan 2014, 06:51.
Last edited by stne on 26 Jan 2014, 08:06, edited 1 time in total.
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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 16 Jan 2017, 12:07
Craig sells major appliances. For each appliance he sells, Craig receives a commission of $50 plus 10 percent of the selling price. During one particular week Craig sold 6 appliances for selling prices totaling $3,620. What was the total of Craig's commissions for that week?

(A) $412
(B) $526
(C) $585
(D) $605
(E) $662


Commissions per product: $50
Commissions for 6 product = 50 x 6 = $300

He gets 10% of selling price.
So he gets 10% of the total selling price = 10% of 3620 = 362

Combined = 362+ 300 = $662
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Re: Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 05 Mar 2019, 08:05
Bunuel How do we know from the wording of the question that the multiplier of 6 only applies to $50 and not the 10% of the $3,620. Looking at answers it's obvious which is right, but when I read "For each appliance he sells, Craig receives a commission of $50 plus 10 percent of the selling price" I think of 6*(50+3,620/10)

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Craig sells major appliances. For each appliance he sells, C  [#permalink]

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New post 06 Mar 2019, 17:44
energetics wrote:
Bunuel How do we know from the wording of the question that the multiplier of 6 only applies to $50 and not the 10% of the $3,620. Looking at answers it's obvious which is right, but when I read "For each appliance he sells, Craig receives a commission of $50 plus 10 percent of the selling price" I think of 6*(50+3,620/10)

Posted from my mobile device


Quote:
Craig sold 6 appliances for selling prices totaling $3,620.

Notice the word "totaling". 3620 is total selling price of the 6 appliances.
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Craig sells major appliances. For each appliance he sells, C   [#permalink] 06 Mar 2019, 17:44
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