An auction housecharges a commission of 15 percent on the first $50,000 of the sale price of anitem, plus 10 percent on the amount of the sale price in excess of$50,000. What was the sale price of apainting for which the auction house charged a total commission of $24,000 ?


$115,000

$160,000

$215,000

$240,000

$365,000

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Prep2007E1-PS