Question

HELP!!!!!!!!!!!!!!!!!!!!!!!!!ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Marcus can choose between a monthly salary of $1,250 plus 5% of sales or $2,400 plus 4% of sales. He expects sales between $5,000 and $10,000 a month. Complete the explanation to show which salary option he should choose based on how much he could make.

He should choose the option that pays .
With option 1 he would make $____ to $____.
With option 2 he would make $____ to $_____.

Answer 1

With option 1 he would make $1,500 to $1,750.

With option 2 he would make $2,600 to $2,800.

Explanation:

Given that Marcus has two options with a different base salary and a different commission on sales, you can set up two different equations to find how much he would make with each option based on his sales:

Option 1: 0.05s + 1,250 = total

Option 2: 0.04s + 2,400 = total

Since Marcus expects to sell beteen $5,000 and $10,000 a month, we can use the equations to find his minimum and maximum amount earned per month:

Option 1: 0.05(5,000) + 1,250 = $1,500 and 0.05(10,000) + 1,250 = $1,750

Option 2: 0.04(5,000) + 2,400 = $2,600 and 0.04(10,000) + 2,400 = $2,800