Practice!

Sample Problem

The table below shows rates of bonus for each seller's sales achievement in six months?

Sales achievement

Bonus

First $6000

No bonus

Next $2000

3% per dollar above $6000

Next $3000

5% per dollar above $8000

Additional sales

8% per dollar above $11000

If Miller's sales in past six months is $24000, how much bonus should he receive?

  dollars

Solution

The first $6000, no bonus.

Next $2000, the bonus: 2000 × 3% = 60

Next $3000, the bonus: 3000 × 5% = 150

Additional (24000 – 11000 = 13000) dollars, the bonus: 13000 × 8% = 1040

Thus, the total bonus: 60 + 150 + 1040 = 1250