which is better $500 dollars plus 4% commision on total sales or $400 dollars plus 5% commision on total sales?
+23254 An equation for the situation where you are paid $500.00 plus 4% commission on total sales will be:
y = 500.00 + 0.04x
The other equation will be: y = $400.00 + 0.05x
When graphed, the first equation has a higher y-intersect but a smaller slope.
Their intersection point can be calculated by setting the two equation to each other{
500 + 0.04x = 400 + 0.05x
100 + 0.04x = 0.05x
100 = 0.01x
---> x = $10,000.00
Therefore, on total sales less than $10,000.00 the first situation is better ($500.00 plus 4% commission on total sales); over $10,000.00, the second situation is better; at exactly $10,000.00 they yield the same amount.
+23254 An equation for the situation where you are paid $500.00 plus 4% commission on total sales will be:
y = 500.00 + 0.04x
The other equation will be: y = $400.00 + 0.05x
When graphed, the first equation has a higher y-intersect but a smaller slope.
Their intersection point can be calculated by setting the two equation to each other{
500 + 0.04x = 400 + 0.05x
100 + 0.04x = 0.05x
100 = 0.01x
---> x = $10,000.00
Therefore, on total sales less than $10,000.00 the first situation is better ($500.00 plus 4% commission on total sales); over $10,000.00, the second situation is better; at exactly $10,000.00 they yield the same amount.
