Math Problem Statement
Commission: 10 percent on first $5,000.00; 15 percent over $5,000.00; Find the total graduated commission on $22,000.00.
Solution
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Math Problem Analysis
Mathematical Concepts
Percentages
Graduated Commission
Basic Algebra
Formulas
First part commission = base_amount × base_rate
Remaining commission = (total_amount - base_amount) × higher_rate
Total commission = base_commission + remaining_commission
Theorems
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Suitable Grade Level
Grades 9-12