202
QuizMultiple Choice

Home Ownership — Cumulative exam

Question 202 • Financial Math - MA2007

Sally earns graduated commission on her sales each month. She earns 6% commission on the first $45,000 in sales and 8% on anything over that. If Sally had $51,000 in sales this month, how much commission did she earn?

Answer
A
$4,080
B
$3,180
C
$3,060
D
$2,820

Explanation

Sally earns 6% on the first $45,000, which is $45,000 × 0.06 = $2,700. The remaining $6,000 of her $51,000 in sales earns 8%, or $6,000 × 0.08 = $480. Adding the commissions gives $2,700 + $480 = $3,180, so the correct choice is $3,180.

AI-written and checked against the verified answer.

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