The yearly compensation of salesperson Y is $4,000 plus 8 percent of the amount by which the total value of the items sold by the store exceeds $250,000. The yearly compensation of salesperson Z is 12 percent of the amount by which the total value of the items sold by the store exceeds $300,000. In the previous year, both salesperson Y and salesperson Z had the same compensation. What was the yearly compensation of salesperson Y last year?  Choose the correct choice from the following
A) $18,000	B) $21,000	C) $24,000	D) $30,000	E) $50,000
Compensation of Y is same as Compensation of Z. Therefore 12/100 (total sales) = one of the answers   =&gt; Total sales = 100/12* (one of the answers). Now it is given that the sales of of Z should be greater than 300K for getting the 12% compensation   All the values except (E) 50K give total sames less than 300K. Hence answer is $50,000.
<result>E</result>
The yearly compensation of salesperson Y is $4,000 plus 8 percent of the amount by which the total value of the items sold by the store exceeds $250,000. The yearly compensation of salesperson Z is 12 percent of the amount by which the total value of the items sold by the store exceeds $300,000. In the previous year, both salesperson Y and salesperson Z had the same compensation. What was the yearly compensation of salesperson Y last year?