SOLUTION: Daniel is a sales associate for an insurance co. He earns $500 per week plus 11% commission on his sales. How much does he need to sell in a week in order to earn at least $800 tha

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: Daniel is a sales associate for an insurance co. He earns $500 per week plus 11% commission on his sales. How much does he need to sell in a week in order to earn at least $800 tha      Log On


   

Question 711171: Daniel is a sales associate for an insurance co. He earns $500 per week plus 11% commission on his sales. How much does he need to sell in a week in order to earn at least $800 that week?
Answer by tutor_paul(519) About Me  (Show Source):
You can put this solution on YOUR website!
Define the following variables:
T = Total earned in a week
B = Base salary
C = Commission
S = Amount Daniel sells
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T=B%2BC
800=500%2BC
C=300
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So now the question is, how much does Daniel have to sell to make $300?
You are given that his percentage is 11%. So:
C=0.11%2AS
Solve for S:
S=C%2F0.11
S=300%2F.11
highlight%28S=2727.27%29 dollars
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Good Luck,
tutor_paul@yahoo.com