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Create formulas for excel. You wish to calculate the commission on sales. The commission is 6% on all sales that

are at least 20% above cost.

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Let the cost be = y Therefore, selling price
(y+20% of y) = 1.20y Commission
(6% of 1.20y) = 0.072y Alternative,
Let the cost be = 100 Therefore, selling price
(100+20% of 100) = 120...

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