SOLUTION: On your new Job you can be paid in 1 of 2 ways. Plan A: A salary of $500per month plus a commission of 4% of total sales Plan B: A salary of $750 per month plus a commission of 5

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: On your new Job you can be paid in 1 of 2 ways. Plan A: A salary of $500per month plus a commission of 4% of total sales Plan B: A salary of $750 per month plus a commission of 5      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 50095This question is from textbook Algebra 2 with Trigonometry
: On your new Job you can be paid in 1 of 2 ways.
Plan A: A salary of $500per month plus a commission of 4% of total sales
Plan B: A salary of $750 per month plus a commission of 5%of total sales over $8000
For what amount of sales is Plan B better than Plan A, assuming that total sales are always more than $8000?


PlEaSe HeLp Me SuMbOdy!!! :(
can u teach me how to do this please!!!!!
This question is from textbook Algebra 2 with Trigonometry

Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Plan A: A salary of $500per month plus a commission of 4% of total sales
Plan B: A salary of $750 per month plus a commission of 5%of total sales over $8000
For what amount of sales is Plan B better than Plan A, assuming that total sales are always more than $8000?
----------------------------------------------------------
Let total sales be 8000+x
Plan A will pay 500+0.04(8000+x)=320+0.4x
Plan B will pay 750+0.05x
INEQUALITY:
When is Plan B pay greater than Plan A pay?
750+0.05x>320+0.04x
430>-0.01x
x>$43,000
Plan B pay is greater when total sales is at least 8000+43000=$51,000
Cheers,
stan H.