SOLUTION: 1. Kwenze and Michael both work at an athletic footwear store. Every month Kwenze is paid a salary of $350.00 plus a 1.5% commission on all his sales. Michael is paid only on com

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: 1. Kwenze and Michael both work at an athletic footwear store. Every month Kwenze is paid a salary of $350.00 plus a 1.5% commission on all his sales. Michael is paid only on com      Log On


   

Question 202270: 1. Kwenze and Michael both work at an athletic footwear store. Every month Kwenze is paid a salary of $350.00 plus a 1.5% commission on all his sales. Michael is paid only on commission at a rate of 5.0%, but is thinking of asking his employer for the same salary plan as Kwenze. Calculate Kwenze’s monthly salary for a month in which he has sales totalling $12 500. Then calculate Michael’s salary for a month in which he has total sales of $32 000.
2. Let x represent total monthly sales and y the monthly salary. Write the equation for the relation between Kwenze’s total monthly sales and his monthly salary. Then write the corresponding relation for Michael.
3. Graph the two relations. Find the point of intersection (where sales are the same). Using your graph, give Michael your best advice. Explain your reasoning.

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
1)
K=y=350+(.015x)=350+187.50=$537.50
M=y=.05x=.05(32000)=$1600
2)
see above equations