City Guilds Model Questions Vol1 2017 Information Technology Question 21
Practice objective / multiple choice question 21 from the 2017 City Guilds Model Questions Vol1 Information Technology examination.
A company records the monthly sales of five employees as follows: A - (12{,}000\) Naira, B - (8{,}500\) Naira, C - (15{,}000\) Naira, D - (4{,}000\) Naira, E - (11{,}000\) Naira. The commission rate is 5 % for sales up to (5{,}000\) Naira, 7 % for sales between (5{,}001\) and (10{,}000\) Naira, and 10 % for sales above (10{,}000\) Naira. After computing each employee's commission, the total commission is taxed: if the total exceeds (2{,}000\) Naira the tax rate is 12 %; otherwise it is 8 %. Determine the net commission payable to all employees (in Naira, to two decimal places).
Answer Options
About This Question
This is City Guilds Model Questions Vol1 2017 Information Technology Question 21. It is one of the objective questions from the 2017 City Guilds Model Questions Vol1 Information Technology examination.
Difficulty level: Medium .
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.