A salesman sells a car for $10,500. If he is paid commission of 5% for the first $10,000 and 8% on the remainder, the total commission he received is??
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Step-by-step explanation:
total commission = 5% of $10,000 + 8% of 500
= (5/100)×10,000+(8/100)×500
= 500+40
=$ 540
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