Answered: Sales Amount Commission Rate 6 percent…

Database System Concepts

7th Edition

ISBN:9780078022159

Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan

Chapter1: Introduction

Section: Chapter Questions

Problem 1PE

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Question

You have just started a sales job in a
department store. Your pay consists of a base salary and a commission. The base salary
is $5,000. The scheme shown below is used to determine the commission rate.

Note that this is a graduated rate. The rate for the first $5,000 is at 6%, the next
$5000 is at 8%, and the rest is at 10%. If your sales amounts to $25,000, the commission
is 5,000 * 6% + 5,000 * 8% + 15,000 * 10% = 2,200. Your goal is to
earn $30,000 a year. Write a program to find the minimum sales you have to generate
in order to make $30,000.

Sales Amount
Commission Rate
6 percent
8 percent
10 percent
$0.01-$5,000
$5,000.01-$10,000
$10,000.01 and above

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