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

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