Answer:
I would need to see an actual table to answer this question.
In order to fully understand the problem, it is best to sketch it. Sketching the system, we will see that the system forms a triangle where the angle of elevation is 36 degrees. We are asked to find the hypotenuse. We can use a trigonometric function. It should be noted that one of the sides should also be given in order to calculate the hypotenuse. Trigonometric functions that can be used are:
sin(theta) = opposite / hypotenuse
cos(theta) = adjacent / hypotenuse
Answer: the commission received by the salesperson is $576.9225
Step-by-step explanation:
Let x represent the auction price
At the dealership, a sales person sold the boat for 30% more than the auction price. It means that the amount for which he sold the boat is
x + (30/100 × x)
= x + 0.3x = 1.3x
If the dealer paid $10,000 for a boat at an auction, it means that
1.3x = 10000
x = 10000/1.3
x = 7692.31
The difference between the auction price and the dealer price is
10000 - 7692.31 =$2307.69
The sales person received a commission of 25% of the difference between the auction price and the dealer price. It means that the commission received by the salesperson is
25/100 × 2307.69 = $576.9225