SOLUTION: A new car salesperson is paid a monthly salary of $500 plus a commission of 5% of all the sales she makes each month. What monthly sales figure would give her of a monthly income o

Algebra ->  Percentages: Solvers, Trainers, Word Problems and pie charts -> SOLUTION: A new car salesperson is paid a monthly salary of $500 plus a commission of 5% of all the sales she makes each month. What monthly sales figure would give her of a monthly income o      Log On


   

Question 910165: A new car salesperson is paid a monthly salary of $500 plus a commission of 5% of all the sales she makes each month. What monthly sales figure would give her of a monthly income of $1,200?
Found 2 solutions by josmiceli, stanbon:
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +s+ = the monthly sales
Let +I+ = the monthly income
+I+=+.05s+%2B+500+
+1200+=+.05s+%2B+500+
+.05s+=+700+
+s+=+700%2F.05+
+s+=+14000+
The monthly sales is $14,000

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A new car salesperson is paid a monthly salary of $500 plus a commission of 5% of all the sales she makes each month. What monthly sales figure would give her of a monthly income of $1,200?
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Equation:
salary = 500 + 0.05x where "x" is the amount of sales for the month.
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Solve:: 500+0.05x = 1200
0.05x = 700
x = 70000/5
x = $14000 (amount of sales for the month)
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Cheers,
Stan H.