Question

a stockbroker earns a base salary of 40000 dollar plus 5%of the total value of the stocks,mutual funds , and other investments that the stockbroker sells.last year, the stockbroker earned 71750 dollar. what was the total value of investments the stockbroker sold?

Answer 1

x=investments sold
Salary= 40,000 + .05x
71,750 = 40,000 + .05x
31,750 = .05x
635,000 = x

Answer 2

`x-value\ of\ investments\\\\ 40000+5\%x=71750\ \ \ |-40000\\\\ 5\%x=71750-40000\\\\ 5\%x=31750\ \ \ \ |\ Write\ 5\%\ as\ (5)/(100)=0,05\\\\ 0,05x=31750\ \ \ |:0,05\\\\ x=635000\\\\total\ value\ of\ investements\ was\ 635000\ dollars.`