Question

Mrs. Robinson, an insurance agent, earns a salary of $4,800 per year plus a 3% commission on her sales. The average price of a policy she sells is $6,100. Write an inequality to find how many policies Mrs. Robinson must sell to make an annual income of at least $8,000.

Answer 1

Required inequality is
`4800+183x>8000`.

Explanation:

Given that Mrs. Robinson, an insurance agent, earns a salary of $4,800 per year plus a 3% commission on her sales. The average price of a policy she sells is $6,100. Write an inequality to find how many policies Mrs. Robinson must sell to make an annual income of at least $8,000.

Calculation is given by:

Salary per year = $4,800

Average price of a policy = $6,100.

commission on her sales = 3%

Then commission on $6,100 = 3% of $6,100 = 0.03 ($6,100) = $183

Let number of policies Mrs. Robinson must sell to make an annual income of at least $8,000 = x

then total commission on x policies = 183x

Total income using x policies = 4800+183x

Since she wants to make an annual income of at least $8,000. so we can write inequality as:

`4800+183x>8000`

Hence required inequality is
`4800+183x>8000`.