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05 May 2025, 00:30
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D
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Difficulty:
5%
(low)
Question Stats:
91% (01:07) correct
9%
(01:15)
wrong
based on 122
sessions
History
Date
Time
Result
Not Attempted Yet
Every month Tim receives a fixed salary of $1,000 and a 10 percent commission on the total sales exceeding $10,000 in that month. What was the total amount of Tim’s sales last month?
(1) Last month Tim’s fixed salary and commission was $1, 500.
(2) Last month Tim’s commission was $500.
(1) Last month Tim’s fixed salary and commission was $1, 500.
(2) Last month Tim’s commission was $500.
05 May 2025, 00:54
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Every month Tim receives a fixed salary of $1,000 and a 10 percent commission on the total sales exceeding $10,000 in that month. What was the total amount of Tim’s sales last month?
Tim’s Salary = 1000+0.10(sales exceeding 10,000)
(1) Last month Tim’s fixed salary and commission was $1, 500.
1000+0.10(sales exceeding 10,000) =1500
1000+0.10x=1500 ; x=5000
Total amount of Sales= 10,000+5,000=15,000
Sufficient
(2) Last month Tim’s commission was $500.
0.10x=500; x=500/0.10=5,000
Sufficient
Answer: D
Tim’s Salary = 1000+0.10(sales exceeding 10,000)
(1) Last month Tim’s fixed salary and commission was $1, 500.
1000+0.10(sales exceeding 10,000) =1500
1000+0.10x=1500 ; x=5000
Total amount of Sales= 10,000+5,000=15,000
Sufficient
(2) Last month Tim’s commission was $500.
0.10x=500; x=500/0.10=5,000
Sufficient
Answer: D
05 May 2025, 01:25
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Fixed salary = 1000
Let total sales be x
Total salary = 1000 + (x-10000)*0.1
Statement 1
1500 = 1000 + (x-10000)*0.1
500 = (x-10000)*0.1 (Commission is 500)
x = 15000
Sufficient
Statemnet 2
Commission is 500
500 = (x-10000)*0.1
x = 15000
Sufficient
Answer D
Let total sales be x
Total salary = 1000 + (x-10000)*0.1
Statement 1
1500 = 1000 + (x-10000)*0.1
500 = (x-10000)*0.1 (Commission is 500)
x = 15000
Sufficient
Statemnet 2
Commission is 500
500 = (x-10000)*0.1
x = 15000
Sufficient
Answer D
Bunuel
