SOLUTION: A used car salesperson is paid a commission of $25 plus 40% of the selling price in excess of owners cost. The owner claims that used cars typically sell for at least owners cost p
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Question 1110515: A used car salesperson is paid a commission of $25 plus 40% of the selling price in excess of owners cost. The owner claims that used cars typically sell for at least owners cost plus $200 and at most owners cost plus $3000. For each sale made, over what range can the salesperson expect the commission to vary?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A used car salesperson is paid a commission of $25 plus 40% of the selling price in excess of owners cost. The owner claims that used cars typically sell for at least owners cost plus $200 and at most owners cost plus $3000. For each sale made, over what range can the salesperson expect the commission to vary?
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oc+200 <= selling price <= oc+3000
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25+1.4(200) <= commission <= 25+1.4(3000)
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25+280 <= commission <= 4225
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Ans: 305 <= commission <=4225
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Cheers,
Stan H.
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