Question

CHECK YOUR UNDERSTANDING

Lauren is a salesperson at Koslow's Tires. She is paid
a monthly commission. She receives 6% of her first
$1,000 in sales and 11% of the balance of her sales.
Today she earned $203. What was the total value of
the tires she sold?
Slide 49
Financial Algebra
Cengage Learning/South-Western

Answer 1

$2300

Explanation:

Let the total sales be x.

`0.06(1000)+0.11(x-1000)=203 \\ \\ 0.11(x-1000)=143 \\ \\ x-1000=1300 \\ \\ x=2300`