SOLUTION: Toni can be paid in one of two ways:
Plan A: A salary of $400 per month plus a commission of 8% of gross sales;
Plan B: A salary of $610 per month, plus a commicion of 5% of gros
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Question 156122This question is from textbook
: Toni can be paid in one of two ways:
Plan A: A salary of $400 per month plus a commission of 8% of gross sales;
Plan B: A salary of $610 per month, plus a commicion of 5% of gross sales.
For what amount of gross sales should Toni select plan A?
This question is from textbook
Answer by kdr(11) (Show Source): You can put this solution on YOUR website!
Toni wants to find out minimum amount of gross sales at which Plan A will yield more pay.
Let S= gross sales
400 + .08S >/= 610 + .05S
.08S >/= 210 + .05S
.03S >/= 210
S >/= 210/.03
S >/= 7000
Toni should choose Plan A for sales equal to or greater than $7000 per month.
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