201k views
3 votes
You are offered two different sales jobs. The first company offers a straight commission of 2% of the sales. The second company offers a salary of $ 370 per week plus 1% of the sales. How much would you have to sell in a week in order for the straight commission offer to be at least as good?

User Chefes
by
8.4k points

1 Answer

1 vote

Answer:


At\text{ least \$37,000}

Step-by-step explanation:

Here, we want to get the value to be sold for the commission job to be at least as good as the salary job

Let the amount be $x

2% of this equals or greater than $370 plus 1 % of the sales

Mathematically, we write this as follows:


\begin{gathered} \text{ 2\% of x }\ge\text{ 370 + 1\% of x} \\ 0.02x\text{ }\ge\text{ 370 + 0.01x } \\ 0.02x-0.01x\text{ }\ge\text{ 370} \\ 0.01x\text{ }\ge370 \\ x\ge(370)/(0.01) \\ x\ge37,000 \end{gathered}

User Pim Reijersen
by
7.8k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories