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Last week Lisa had a gross earning of $1441.30. Cathy receives a base salary of $375 and a commission on sales exceeding her quota of $5000. What is her rate of commission if her sales were $6560?

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golabiromtin

Answer:

4.25%

Step-by-step explanation:

Commision =  441.30 - 375 = 66.30

Commision is based on  = 6560-5000 = 1560

Rate of Commision = (in decimal) 66.30/1560 = 0.0425  

Rate of Commision = 0.0425  * 100 =   4.25 %

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