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Rolf Company Pays Its Employees on a Graduated Commission Scale

Question 99

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Rolf Company pays its employees on a graduated commission scale: 1% on the first $25,000 sales, 3% on sales from $25,001 to $95,000, and 5% on sales greater than $95,000. If John Jones, an employee of Rolf, had sales of $100,000, what commission did John earn?

Correct Answer:

verifed

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(.01 × 25,000)+ (.03...

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