SOLUTION: A salesman has a guaranteed salary minimum of $1400/month. He is paid a 20% commission on all sales. What is his pay in a month where sales are $6550?
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Question 534080: A salesman has a guaranteed salary minimum of $1400/month. He is paid a 20% commission on all sales. What is his pay in a month where sales are $6550?
Answer by oberobic(2304) (Show Source): You can put this solution on YOUR website!
We can model this payment with a linear equation.
.
y = pay
.
y = $1400 + .2*x, where x = sales in dollars
.
y = 1400 + .2*6550
.
y = $2710
.
Done.
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