Nitin Is Paid on a Graduated Commission Scale

question 47

Multiple Choice

Nitin is paid on a graduated commission scale. His base salary is $1,500 per month and he receives commission at the rate of 2% for the first $10,000 of sales in a month, 3% on the next $20,000, and 4.5% on all further sales. How much will Nitin earn in a month in which his sales are $60,000?

• A) $2,150
• B) $2,250
• C) $3,750
• D) $3,650
• E) $2,500

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Definitions:

Shoemakers' Strike

A collective action or labor strike by shoemakers or cobblers, which historically could refer to various protests or strikes for better wages or working conditions.

Indentured Servants

Laborers under contract to work for a specific employer for a set period in exchange for transportation, food, and accommodation, common in the American colonies and elsewhere from the 17th to 19th centuries.

Irish Immigrants

People from Ireland who moved to other countries in search of better living conditions, especially during the 19th century due to the Great Famine.

Religious Dissenters

Individuals who oppose or refuse to conform to the established religious orthodoxy of their society.