Paul sells encyclopedias door-to-door. He earns $140 on every paycheck, regardless of how many sets he sells. In addition, he earns commission as follows:
Commission Sales
10% $0.00 - $10,000.00
5% $10,000.01 --->
He does not earn double commission.That is, if his sales are $12,000, he earns 10% on the first $10,000 and 5% on the remaining $2,000.
His largest paycheck of the year was $1,320. What were his sales for that pay period?
Choose the correct choice from the following answers.
A) 13,600 B) 14,800 C) 16,400 D) 15,800 E) 19,600
His pay check was $1320.   Out of this, $140 was his fixed salary so the total commission he earned was $1320 - $140 = $1180   He earns 10% on the sales of first $10,000 which gives a commission of $1000.   He earns 5% on every subsequent dollar. Since he earns another $180, he must have had sales of another 180*(100/5)  1320 -  140= 
<gadget id="calculator"> 1320 -  140</gadget>
<output>1_180</output>
$1180   He earns 10% on the sales of first $10,000 which gives a commission of $1000.   He earns 5% on every subsequent dollar. Since he earns another $180, he must have had sales of another   180*(100/5)= 
<gadget id="calculator">  180*(100/5)</gadget>
<output>3_600</output>
3600   So his total sales must have been $10,000 + $3600= $13,600   13,600
<result>A</result>
Paul sells encyclopedias door-to-door. He earns $140 on every paycheck, regardless of how many sets he sells. In addition, he earns commission as follows:
Commission Sales
10% $0.00 - $10,000.00
5% $10,000.01 --->
He does not earn double commission.That is, if his sales are $12,000, he earns 10% on the first $10,000 and 5% on the remaining $2,000.
His largest paycheck of the year was $1,320. What were his sales for that pay period?