Calculate the slope of the following line. Use the given point as (x1y1). Locate a second point on the line to represent (x2, y2
).
Type a numerical answer in the space provided. Do not type spaces in your answer. If necessary, use the / key to represent a fraction bar.
Type a numerical answer in the space provided. Do not type spaces in your answer. If necessary, use the / key to represent a fraction bar.
2 answers:
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Salesperson must generate a sales of $ 26280 in order to earn $2,816.90 per month in total compensation
<em><u>Solution:</u></em>
Given that,
A salesperson is paid a base salary of $1700 per month plus a 4.25% commission on sales
Therefore,
Total salary = 1700 + 4.25 % commission on sales
<em><u>How much sales must he generate in order to earn $2,816.90 per month in total compensation?</u></em>
Therefore, let us first subtract the basic salary
2816.90 - 1700 = 1116.9
We have to find the sales he must generate
Let "x" be the sales he must generate
4.25 % of x = 1116.9
Therefore,
Thus he must generate a sales of $ 26280 in order to earn $2,816.90 per month in total compensation