Bond 4th Papers explanation needed!
Posted: Wed Jul 20, 2011 11:16 pm
I was correcting my DD test paper 10 in the 4th Paper Bond series and can't understand how the answer of 350 was reached to the following question:-
25-27} For any sales above £15,000 Frances gets 5% commission. Here is a table of her sales for the last three years. How much commission does she get in each year?
Sales Commission
Year 1 £15000 £
Year 2 £25000 £
Year 3 £45000 £
My reasoning was she wouldn't get any commission in year 1 because her sales did not exceed £15000. The answer states £350. Am I missing something?
Any explanation would be welcome. Thanks
25-27} For any sales above £15,000 Frances gets 5% commission. Here is a table of her sales for the last three years. How much commission does she get in each year?
Sales Commission
Year 1 £15000 £
Year 2 £25000 £
Year 3 £45000 £
My reasoning was she wouldn't get any commission in year 1 because her sales did not exceed £15000. The answer states £350. Am I missing something?
Any explanation would be welcome. Thanks