An agent sells a block of land for $120000.
She recives 5 cents in the dollar commission on
the first $40000 and 2 cents in the dollar on the remainder.
How much does she recive in total?
2006-08-05 01:05:50 · 7 answers · asked by Angry Man 2 in Science & Mathematics ➔ Mathematics
And i forgot to ask...
Add 1 1/2 to the difference between 2 3/4 and 1/4.
2006-08-05 01:09:43 · update #1
Come on now!
40,000 x .05 = 2,000
80,000 x .02 = 1,600
2,000+1,600 = $3,600.
2006-08-05 01:11:41 · answer #1 · answered by Michelle 4 · 2⤊ 0⤋
Break it down as follows:
She makes two types of commission, one on $40k and one on the remaining $80k.
So, you go like this:
0.05(40000) + 0.02(80000) = Total Commission
Your answer then, is $2000 + $1600 = $3600
Make sense?
And for your second question...
2 3/4 - 1/4 = 2 1/2
2 1/2 + 1 1/2 = 4.
2006-08-05 01:11:11 · answer #2 · answered by ddr_machine 2 · 0⤊ 0⤋
120,000 - 40,000 = 80,000
$40,000 => (5/100)*40,000 = $2,000
$80,000 => (2/100)*80,000 = $1,600
Total commission = 2,000 + 1,600 = $3,600
Add 1 1/2 to the difference between 2 3/4 and 1/4.
2 3/4 - 1/4 = 2 1/2
2 1/2 + 1 1/2 = 4
2006-08-05 02:23:01 · answer #3 · answered by Kemmy 6 · 0⤊ 0⤋
3600$
for your 2nd question
2 3/4-1/4=2 1/2
2 1/2+1 1/2=4
2006-08-05 01:51:04 · answer #4 · answered by anil 1 · 0⤊ 0⤋
Total amouont of l land sold $ 120000
Recieved commission on the first $ 40000 @ .05
recieved commision on the second $ 80000 $ .02
40000 x .05 = $ 2000
80000 x .02 = $ 1600
- - - - - - - - - - - - - - - - - --
Total comission $ 3600
The answer is $ 3600
2006-08-05 02:06:12 · answer #5 · answered by SAMUEL D 7 · 0⤊ 0⤋
$3600
Second part: 2.75-.25=2.5+1.5=4
2006-08-05 01:12:15 · answer #6 · answered by Parker J 1 · 0⤊ 0⤋
answer :
0,05*40000+0.02*(120000-40000) = 3600$
2006-08-05 01:11:29 · answer #7 · answered by fred 055 4 · 0⤊ 0⤋