You are offered two different sales jobs. The first company offers a straight commission of 4% of the sales. The second company offers a salary of $ 200 per week plus 3% of the sales. How much would you have to sell in a week in order for the straight commission offer to be at least as good?
I need help please
3% = 3 / 100 = 0.03
4% = 4 / 100 = 0.04
x = sale in a week
The salary in the first company is:
4% x = 0.04 x
The salary in thesecond company is:
200 + 3% x = 200 + 0.03 x
For the commission to be at least as good, these two salaries need to be equal.
0.04 x = 200 + 0.03 x
Subtract 0.03 x to both sides.
0.01 x = 200
x = 200 / 0.01 = 20 000
$20 000 per week.