Juan Ramirez sells suits in a major department store on weekends. He earns a commission of 5% on the first 10 suits he sells. If he sells more than 10, he earns another 3% on the additional suits. Last weekend Juan sold 13 suits priced at \$250 each. What was his commission? A. \$210.40 B. \$147.50 C. \$260.00 D. \$185.00
Juan Ramirez sells suits in a major department store on weekends. He earns a commission of 5 percent on the first ten suits, and if he sells more than ten, he earns an additional 3 percent on the additional suits. Last weekend Juan sold thirteen \$250 suits. \$185.00 was his commission. 10 (250 *.05) + 3 (250 *.08) = \$185.00
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Question
Updated 12/22/2020 3:06:24 PM
Rating
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Juan Ramirez sells suits in a major department store on weekends. He earns a commission of 5 percent on the first ten suits, and if he sells more than ten, he earns an additional 3 percent on the additional suits. Last weekend Juan sold thirteen \$250 suits. \$185.00 was his commission. 10 (250 *.05) + 3 (250 *.08) = \$185.00

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A share of stock in the Bree Medical Supply Company is quoted at 351/4. Suppose you hold 20 shares of that stock, which you bought at 311/2. If you sold your stock at 351/4, which of the following would be true? A. You made a profit of \$75.00. B. You made a profit of \$705.00. C. You suffered a loss of \$75.00. D. You suffered a loss of \$630.00.
Question
Updated 8/13/2020 9:26:46 PM
A share of stock in the Bree Medical Supply Company is quoted at 35 1/4 . Suppose you hold 20 shares of that stock, which you bought at 31 1/2. If you sold your stock at 35 1/4, you made a profit of \$75.00.
Solution:
35.25 - 31.50 = 3.75
3.75 * 20 = \$75 (answer)
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