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At the end of each year, a certain card company pays a bonus

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Obinna
 Post subject: At the end of each year, a certain card company pays a bonus
 Post Posted: Mon Jun 02, 2008 8:05 pm 
Amount Charged | Percent Bonus
$0.01 - $1000 | 0.5
$1000 - $3000 | 1.0
$3000 - $6000 | 1.5
$6000 - $10000 | 2.0


At the end of each year, a certain card company pays a bonus to each of its credit card holders based on the amount, up to $10,000, that the card holder charged throughout the year. A 0.5 percent bonus is paid on the first $1000 charged, a 1.0 percent bonus is paid on the next $2000 and so on, as indicated in the table above. What is the maximum annual bonus, in dollars?

Ans = 150.

Some one please break down the soln.

Thanks in advance.
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Obinna
 Post subject:
 Post Posted: Tue Jun 03, 2008 2:19 pm 
oops .. found the soln

http://www.manhattangmat.com/forums/gma ... t1760.html
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rfernandez
 Post subject:
 Post Posted: Fri Jun 06, 2008 4:31 am 
Offline
ManhattanGMAT Staff


Posts: 386
Always a good idea to search before you post! Glad you found the help you needed.
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