A salesperson received a commission of 3 percent of the sale price for each of the first 100 ...

A salesperson received a commission of 3 percent of the sale price for each of the first 100 machines that she sold and 4 percent of the sale price for each machine that she sold after the first 100. If the sale price of each machine was $10,000 and the salesperson received a $38,000 commission, how many machines did she sell?

Quiz

Answer/Solution

120

Steps/Work

First 100 machines = 3% commission = 0.03*100*10000 = 30000
Commission from sale of next machines = 38000 - 30000 = 8000
So 20 more machines..
Total = 120 machines
IMO E...