1.Bob earns a 3.5% commission on all sales above $10,000 in any given month. How much must Bob sell in a month in order to earn a commission of $1400?
2. A local store has two types of hard candy, one that sells for $1.30 per pound, and the other for $0.90 per pound. How much of each type of candy should be used to create 100 lb of a mix that will sell for $1.00 per pound?
1. With S being sales, your equation is: .035(S - 10,000) = 1,400
.035S - 350 = 1,400
.035S = 1,750
Sales amount to earn $1,400 in commission, or
OR
With sales above $10,000 being S, we get the following equation: .035S = 1,400
Sales amount above $10,000, or
Now, we add $40,000 to $10,000 to get a total of: