Question

Jason is a salesperson who sells computers at an electronics store. He

makes a base pay amount each day and then is paid a commission as a
percentage of the total dollar amount the company makes from his
sales that day. The equation P = 100 + 0.03% represents Jason's
total pay on a day on which he sells x dollars worth of computers.
What is the y-intercept of the equation and what is its interpretation in
the context of the problem?

Answer 1

y-intercept: 100

100 is Jason's base pay amount

Explanation:

In the given equation, the term 100 does not depend on x, the value of computers sold. The pay is said to consist of base pay plus commission that depends on sales. The term that has a dependence on sales is 0.03x, so the other term in Jason's pay equation must be his base pay.

The y-intercept is $100, Jason's daily base pay.