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The weekly sales commission at Company X is 2 percent of the
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03 Jan 2020, 06:26
03 Jan 2020, 06:26
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90% (02:41) correct
9% (02:01) wrong based on 11 sessions
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The weekly sales commission at Company X is 2 percent of the first $2,000 of weekly sales plus 15 percent of the weekly sales in excess of the first $2,000. The weekly sales commission at Company Y is 5 percent of the first $2,000 of weekly sales plus 10 percent of the weekly sales in excess of the first $2,000. In a given week, what is the amount of weekly sales at Company Y that would earn the same weekly sales commission as $5,000 in weekly sales at Company X?
A. $5,900
B. $5,300
C. $4,900
D. $4,800
E. $4,500
Kudos for the right answer and explanation
A. $5,900
B. $5,300
C. $4,900
D. $4,800
E. $4,500
Kudos for the right answer and explanation
Re: The weekly sales commission at Company X is 2 percent of the
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03 Jan 2020, 06:43
03 Jan 2020, 06:43
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For company X, let total sales be A.
Now, we are given that sales commission at Company X = 2100×2000+15100×(A−2000)
For company Y, let total sales be B.
Now, we are given that sales commission at Company Y = 5100×2000+10100×(B−2000)
We need to find the amount of weekly sales at company Y such that the commission at both the companies is equal.
We are given the value of A = 5000
Commission at company X = 2100×2000+15100×(5000−2000)
= 40+450 = 490
Commission at company Y = 5100×2000+10100×(B−2000)
= 100+0.1×B−200 = 0.1×B−100
Commission at X = Commission at Y
490=0.1×B−100
590=0.1×B
B = 5900
OA, A
Now, we are given that sales commission at Company X = 2100×2000+15100×(A−2000)
For company Y, let total sales be B.
Now, we are given that sales commission at Company Y = 5100×2000+10100×(B−2000)
We need to find the amount of weekly sales at company Y such that the commission at both the companies is equal.
We are given the value of A = 5000
Commission at company X = 2100×2000+15100×(5000−2000)
= 40+450 = 490
Commission at company Y = 5100×2000+10100×(B−2000)
= 100+0.1×B−200 = 0.1×B−100
Commission at X = Commission at Y
490=0.1×B−100
590=0.1×B
B = 5900
OA, A
Carcass wrote:
The weekly sales commission at Company X is 2 percent of the first $2,000 of weekly sales plus 15 percent of the weekly sales in excess of the first $2,000. The weekly sales commission at Company Y is 5 percent of the first $2,000 of weekly sales plus 10 percent of the weekly sales in excess of the first $2,000. In a given week, what is the amount of weekly sales at Company Y that would earn the same weekly sales commission as $5,000 in weekly sales at Company X?
A. $5,900
B. $5,300
C. $4,900
D. $4,800
E. $4,500
Kudos for the right answer and explanation
A. $5,900
B. $5,300
C. $4,900
D. $4,800
E. $4,500
Kudos for the right answer and explanation
Re: The weekly sales commission at Company X is 2 percent of the
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27 Jun 2022, 14:23
27 Jun 2022, 14:23
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Thanks to another GRE Prep Club member, I have just discovered this valuable topic, yet it had no discussion for over a year. I am now bumping it up - doing my job. I think you may find it valuable (esp those replies with Kudos).
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