Question: Data is provided followed by two statements – I and II – both resulting in a value, say I and II.
As your answer,
Type 1, if I > II.
Type 2, if I < II.
Type 3, if I = II.
Type 4, if nothing can be said.
Last week Martin received $ 10 in commission for selling 100 copies of a magazine. Last week Miguel sold 100 copies of this magazine. He received his salary of $ 5 per week plus a commission of 2 cents for each of the first 25 copies sold, 3 cents for each of next 25 copies sold and 4 cents for each copy thereafter. ($1 = 100 cents).
I. Martin’s commission in the last week.
II. Miguel’s total income for last week.
Miguel’s income = 5 + (0.02 × 25) + (0.03 × 25) + (0.04 × 50) = $8.25.
Martin’s commission = $10.
Hence obviously I > II.