SOLUTION: 7. Jonathon and Raymond earn a base salary plus commission. Jonathon earns $1500 plus 10% of his sales each month. Raymond earns $1200 plus 15% of his sales each month. How much

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: 7. Jonathon and Raymond earn a base salary plus commission. Jonathon earns $1500 plus 10% of his sales each month. Raymond earns $1200 plus 15% of his sales each month. How much      Log On

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Question 956411: 7. Jonathon and Raymond earn a base salary plus commission. Jonathon earns $1500 plus 10% of his sales each month. Raymond earns $1200 plus 15% of his sales each month. How much will Jonathon and Raymond need to sell in order to earn the same amount each month?
Found 2 solutions by stanbon, macston:
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Jonathon and Raymond earn a base salary plus commission. Jonathon earns $1500 plus 10% of his sales each month. Raymond earns $1200 plus 15% of his sales each month. How much will Jonathon and Raymond need to sell in order to earn the same amount each month?
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Jonathan 1500 + 0.1x
Raymond 1200 + 0.15x
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Solve:: 1500+0.10x = 1200 + 0.15x
300 = 0.05x
x = 30000/5 = $6000
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cheers,
Stan H.
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Answer by macston(5194) About Me  (Show Source):
You can put this solution on YOUR website!

S=sales
$1500+0.10S=$1200+0.15S Subtract $1200+0.10S from each side.
$300=0.05S Divide each side by 0.05
$6000=S Their pay is equal when each has sales of $6000.