B is corrent. Before multiplying by 10%, $100,000 and the amount of the bonus must be deducted from $320,000. The bonus can be calculated by setting up the following equation. | B | = | 10% ($320,000 − $100,000 − B) | | B | = | $22,000 − .1B | | 1.1B | = | $22,000 | | B | = | $20,000 |
Thus the
bonus is $20,000. A is incorrect. Before multiplying by 10%, $100,000 and the amount of the bonus must be deducted from $320,000. The bonus can be calculated by setting up the following equation. | B | = | 10% ($320,000 − $100,000 − B) | | B | = | $22,000 − .1B | | 1.1B | = | $22,000 | | B | = | $20,000 |
Thus the
bonus is $20,000. C is incorrect. Before multiplying by 10%, $100,000 and the amount of the bonus must be deducted from $320,000. The bonus can be calculated by setting up the following equation. | B | = | 10% ($320,000 − $100,000 − B) | | B | = | $22,000 − .1B | | 1.1B | = | $22,000 | | B | = | $20,000 |
hus the
bonus is $20,000. D is incorrect. Before multiplying by 10%, $100,000 and the amount of the bonus must be deducted from $320,000. The bonus can be calculated by setting up the following equation. | B | = | 10% ($320,000 − $100,000 − B) | | B | = | $22,000 − .1B | | 1.1B | = | $22,000 | | B | = | $20,000 |
Thus the
bonus is $20,000. |
