Salesperson A's compensation for any week is $350 plus 6 percent of the portion of A's total sales ...
Salesperson A's compensation for any week is $350 plus 6 percent of the portion of A's total sales above $1,000 for that week. Salesperson B's compensation for any week is 8 percent of A's total sales for that week. For what amount of total weekly sales would both salepeople earn the same compensation?
Answer/Solution
$ 14,500
Steps/Work
sometime, setting up an equation is an easy way to go with:
350 + 0.06 (x - 1000) = 0.08 x
x = 14,500
Ans : D
350 + 0.06 (x - 1000) = 0.08 x
x = 14,500
Ans : D