A departmental store charges the commission of 25 percent on the first sale of items worth $50,000 and then an additional 10 percent on any sale price that exceeds the initial $50,000. If the department store earned $24,000 in commissions for the sale of a series of diamonds, what was the sale price of the diamond set? Choices
A) $215,000	B) $165,000	C) $115,000	D) $240,000	E) $160,000
24,000 = 0.25 *(50000) + 0.10 (x - 50000)   24000 - 12500 = 0.10 (x-50000)   115000 = x - 50000   x = 1,65,000   Answer : $165,000
<result>B</result>
A departmental store charges the commission of 25 percent on the first sale of items worth $50,000 and then an additional 10 percent on any sale price that exceeds the initial $50,000. If the department store earned $24,000 in commissions for the sale of a series of diamonds, what was the sale price of the diamond set?