Question

A sale person is given a choice of two salary plans 1weekly salary of $500 plus 4%commission of sale plan 2 is a straight commission of 8% of sales how much sales did she make in a week for both plans to result in the same salary?

Answer 1

$12500

Explanation:

Given that:

Salary plan 1:

Weekly salary of $500.

And a commission of 4%.

Salary plan 2:

Straight commission of 8%.

To find:

Weekly sales for which both the plans will make the same sales?

Solution:

Let the weekly sales = $
`x`

As per question statement:

Salary as per Plan 1 = $500 + 4% of
`x`

Salary as per Plan 2 = 8% of
`x`

Putting both the salaries to equal to find the total weekly sales.

$500 + 4% of
`x` = 8% of
`x`

`\Rightarrow 500 = 4\%\ of\ x\\\Rightarrow 500 = (4)/(100)x\\\Rightarrow x = \$12500`

Therefore, the answer is:

For the sales of $12500, the salary will be same from both the plans.