Solved

How to setup salary and commission problem ?

Posted on 2014-04-07
6
286 Views
Last Modified: 2014-04-08
Mary has two job offers.  One pays $500 per week with a 15% commission.  The other pays $900 per week with 10% commission.  What must Mary's salary be in order to make the same salary at either job ?

What does 15% and 10% commission mean?  Is it 15% and 10% of total sales, which is unknown?

please explain this question ?
0
Comment
Question by:naseeam
6 Comments
 
LVL 24

Accepted Solution

by:
chaau earned 250 total points
ID: 39984979
I think the question should read:
What must Mary's sales be in order to make the same salary at either job ?
0
 
LVL 27

Assisted Solution

by:aburr
aburr earned 125 total points
ID: 39985051
chaau is right.
Let the sales by called x
Calculate Mary's salary under both conditions. Set the results of the two calculations equal and solve for x.
You should be able to do it now. If not, asked for more help here.
0
 

Author Comment

by:naseeam
ID: 39985163
500 + 0.15 * x = 900 + 0.10 * x     where x = sales

x = 8000

under what two conditions should I calculate Mary's salary?
0
Is Your Active Directory as Secure as You Think?

More than 75% of all records are compromised because of the loss or theft of a privileged credential. Experts have been exploring Active Directory infrastructure to identify key threats and establish best practices for keeping data safe. Attend this month’s webinar to learn more.

 
LVL 17

Assisted Solution

by:Thibault St john Cholmondeley-ffeatherstonehaugh the 2nd
Thibault St john Cholmondeley-ffeatherstonehaugh the 2nd earned 125 total points
ID: 39985382
You have your answer. That amount of sales in either job will bring the same income.
0
 
LVL 17
ID: 39985386
You have your answer. That amount of sales in either job will bring the same income.
0
 
LVL 17
ID: 39985388
Sorry for the double post, web page was playing up.
0

Featured Post

Is Your Active Directory as Secure as You Think?

More than 75% of all records are compromised because of the loss or theft of a privileged credential. Experts have been exploring Active Directory infrastructure to identify key threats and establish best practices for keeping data safe. Attend this month’s webinar to learn more.

Question has a verified solution.

If you are experiencing a similar issue, please ask a related question

Suggested Solutions

Complex Numbers are funny things.  Many people have a basic understanding of them, some a more advanced.  The confusion usually arises when that pesky i (or j for Electrical Engineers) appears and understanding the meaning of a square root of a nega…
How to Win a Jar of Candy Corn: A Scientific Approach! I love mathematics. If you love mathematics also, you may enjoy this tip on how to use math to win your own jar of candy corn and to impress your friends. As I said, I love math, but I gu…
The viewer will be introduced to the technique of using vectors in C++. The video will cover how to define a vector, store values in the vector and retrieve data from the values stored in the vector.
This is a video describing the growing solar energy use in Utah. This is a topic that greatly interests me and so I decided to produce a video about it.

867 members asked questions and received personalized solutions in the past 7 days.

Join the community of 500,000 technology professionals and ask your questions.

Join & Ask a Question

Need Help in Real-Time?

Connect with top rated Experts

15 Experts available now in Live!

Get 1:1 Help Now