Question

Sal Espinosa makes 8% commission on the first $5,000 of sales and 10% on any sales over $5,000. Find his total graduated commission on $15,000 in sales

Answer 1

15K in sales - let's break this up into the first 5000 (which are given a commission of 8%) and the last 10,000 (which are given a commission of 10%)

percent (%) means "per 100", and "of" in this case implies multiplication

so "8 % of 5000" means "8 per 100 of 5000" or (8/100)*5000

repeat this calculation for the other 10K using the 10% commission rate

then add up all the commissions

lmk if you get stuck or want to check your answer