Matt walker is paid weekly and earns 3.5% straight commission on sales of $6,500 or less and 5% on sales in excess of $6500.last
week, Matt total graduated commission was $415. What were his total sales for the week?
1 answer:
His total sales were "x"
now, we know that 3.5% of "x" plus 5% of "x", will add up to his total commission, including sales of 6500 or less or more
so the commission for 6500 or less, is 3.5% of "x" or (3.5/100)*x -> 0.035x
the commission for above 6500 is 5% or (5/100) * x --> 0.05x
we know, that both commissions added together, are $415
thus
0.035x + 0.05x = 415 <----- solve for "x"
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