Question

A sales person is given a choice of two salary plans. Plan 1 is a weekly salary of $500 plus 7% commission of sales. Plan 2 is a straight commission of 15% of sales. How much in sales must he make in a week for both plans to result in the same salary

Answer 1

$5oo + 7% is only $35.00 extra if the person sales more stuff, butt a weekly commission of 15% is extra $75.00 and that is a guarantee, better choice is plan 2.