Question

John is considering accepting one of two sales positions. ABC Company offers a yearly salary of $45,000. XYZ Company offers a yearly salary of $38,000 plus a 2% annual commission on sales. For what amount of sales s is the salary at XYZ Company greater than the salary at ABC Company

Answer 1

Answer:  Amount of sales s = $6240 is the salary at ABC company is greater than at XYZ company.

Step-by-step explanation:

Since we have given that

Annual salary of ABC company = $45000

Annual salary of XYZ company = $38000

Rate of commission = 2%

Amount of salary after commission at XYZ company would be

$\dfrac{100+2}{100}\times 38000\\\\=\dfrac{102}{100}\times 38000\\\\=1.02\times 38000\\\\=38760$

So, Difference between is given by

$45000-38760\\\\=\ 6240$

Hence, Amount of sales s = $6240 is the salary at ABC company is greater than at XYZ company.