PS8

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by Night reader » Mon Jan 10, 2011 3:18 pm
GHong14 wrote:Image
800-500 (20% ... $100)
.......300 (30% ... $ 90)
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............................$190

190/800=19/80 approximately less than 20/80 (1/4) ~ 24%

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by Anurag@Gurome » Mon Jan 10, 2011 9:52 pm
Total sale = $800
Sale below $500 = $500 --> Commission = 20% 0f $500 = $100
Sale above $500 = $300 --> Commission = 30% 0f $300 = $90

Total commission = $(100 + 90) = $190

Required percentage = 100*(190/800) = 23.75 ≈ 24

The correct answer is B.
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