An employment agency is seeking a newspaper advertising salesperson. The monthly pay is $2,500 salary plus a 2.5% commission on sales up to $60,00 . and 5% on sales over $60,00 . . The advertisement also states that normal sales should usually be at least $75,00 . . What would be the total pay for a person who sold the expected minimum?
$75,00 . - $60,00 . = $15,000 . $60,00 . × 0.025 = $1,500;
$15,00 . × 0.05 = $750; $1,500 + $750 + $2,500 = $4,750
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