A departmental store charges the commission of 15 percent on the first sale of items worth $50,000 and then an additional 12 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? Choose the correct choice from the following options
A) $215,000  B) $365,000  C) $115,000  D) $240,000  E) $187,500
24,000 = 0.15 *(50000) + 0.12 (x - 50000)   24000 - 7500 = 0.12 (x-50000)   137500 = x - 50000   x = 1,87,500   Answer : $187,500
<result>E</result>
A departmental store charges the commission of 15 percent on the first sale of items worth $50,000 and then an additional 12 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?