SOLUTION: A local salesman receives a base salary of $625 monthly. He also receives a commission of 8% on all sales over $1550. How much would he have to sell in a month if he needed to have
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Question 1126984: A local salesman receives a base salary of $625 monthly. He also receives a commission of 8% on all sales over $1550. How much would he have to sell in a month if he needed to have a monthly income of $1900? Found 4 solutions by rfer, Boreal, MathTherapy, ikleyn:Answer by rfer(16322) (Show Source):
You can put this solution on YOUR website! A local salesman receives a base salary of $625 monthly. He also receives a commission of 8% on all sales over $1550. How much would he have to sell in a month if he needed to have a monthly income of $1900?
Boreal is WRONG! The answer is NOT $15,937.50!
Ignore her/his response.
Let x = "How much would he have to sell in a month".
Then your equation is
(x-1550)*0.08 + 625 = 1900 dollars.
Simplify and solve for x:
0.08X - 0.08*1550 + 625 = 1900
0.08x = 1900 - 625 + 0.08*1550
x = = (one click MS Excel) = 17487.50.
Answer. He has to cell on $17487.50 in a month.
Check. (17487.50-1550)*0.08 + 625 = 1900 dollars. ! Correct !