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Question 694163: You have just been given a new job in sales. You have to salary options. You can receive a straight salary of $500 per week(no commission option) or you can receive a salary of $200 per week plus 5% of your weekly sales (commission option). What dollar amount of product must you sell each week in order for the commission option to be the better deal?
Found 2 solutions by BROCODE, MathTherapy:
Answer by BROCODE(2)   (Show Source):
You can put this solution on YOUR website! Using trial and error need to find a number with 5% of that number equalling $300 or more
10% of 10000 is 1000, half of that is $500 giving you the 5%.= too much
10% of 8000 is 800, half of that is $400 giving you the 5%. = too much
10% of 6000 is 600, half of that is $300 giving you the 5%. = Correct answer
The answer is therefore $6000 :)
Answer by MathTherapy(10551)  (Show Source):
You can put this solution on YOUR website!
You have just been given a new job in sales. You have to salary options. You can receive a straight salary of $500 per week(no commission option) or you can receive a salary of $200 per week plus 5% of your weekly sales (commission option). What dollar amount of product must you sell each week in order for the commission option to be the better deal?
Let weekly sales be S
Then: 200 + .05S > 500
.05S > 300
S, or weekly sales >  , or > $ (greater than $6,000, meaning $6,000.01, or more)
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