You run a software company and hired a new salesperson. you offer $40,000 base salary. additionally, if the salesperson sells $500,000 worth of software she meets a gate that entitles her to a bonus of 2% commission on additional sales. your new salesperson sold $750,000 worth of software the first year.

You’re ordering more thread for blue jeans co. you usually purchase from ted’s threads, which sells 12 thread spools for $27. you recently received a notice from wade's wares that says you can buy thread from them for $2.30 each for the first 2 dozen and $2 a spool thereafter. you need to order 5 dozen spools. what percentage can you save by going with wade’s wares?