SOLUTION: commission A company pays its sales people on a basis of percentage of the first $100,000 in sales , plus a certain percentage of any amount over $100,000 in sales .If on

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Question 153170This question is from textbook introductory mathematical analysis , for business ,economics and the life and social science
: commission
A company pays its sales people on a basis of percentage of the first $100,000
in sales , plus a certain percentage of any amount over $100,000 in sales .If one salesperson earned $8500 on sales of $175000 and another sales person earned $14,800 on sales of $280,000 find the two percentages
I have a deep desire to master worded problems, However i am having problems constructing the models.Can you advise me on how solve a problem like this one. I trying hard to learn from examples.






This question is from textbook introductory mathematical analysis , for business ,economics and the life and social science

Answer by oscargut(2103) About Me  (Show Source):
You can put this solution on YOUR website!
Let x= the first percentage (applied to 100000)
Let y = the second percentage (applied to the difference between the sales and 100000)
If one salesperson earned $8500 on sales of $175000
then
100000x%2B%28175000-100000%29y=8500
and another sales person earned $14,800 on sales of $280,000
then
100000x%2B%28280000-100000%29y=14800
Then 2 equations are:
100000x%2B75000y+=+8500
100000x%2B180000y+=+14800
doing 1st eq by -1
-100000x-75000y+=+-8500
100000x%2B180000y+=+14800
adding both equations we have:
105000y=6300
then y=0.06 (6%)
100000x%2B180000%280.06%29+=+14800
then
100000x+=+14800-10800=4000
then x=0.04 (4%)


Answer: 1st percentage is 4% and the second is 6%