SOLUTION: Dan receives $375 per week for selling new and used cars at a car dealership in Oak Lawn, Illinois. In addition, he receives 5% of the profit on any sales that he generates. Write
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Dan receives $375 per week for selling new and used cars at a car dealership in Oak Lawn, Illinois. In addition, he receives 5% of the profit on any sales that he generates. Write
Log On
Question 1207853: Dan receives $375 per week for selling new and used cars at a car dealership in Oak Lawn, Illinois. In addition, he receives 5% of the profit on any sales that he generates. Write a linear equation that represents Dan’s weekly salary S when he has sales that generate a profit of x dollars. Answer by mananth(16946) (Show Source):
You can put this solution on YOUR website! Dan receives $375 per week for selling new and used cars at a car dealership in Oak Lawn, Illinois. In addition, he receives 5% of the profit on any sales that he generates. Write a linear equation that represents Dan’s weekly salary S when he has sales that generate a profit of x dollars.
S ---Dan's total weekly salary.
x ------ the profit from his sales.
The commission he earns from the profit is 0.05x
Equation for weekly salary
S=375 + 0.05x