# Math

Karen can be paid in one of two ways for selling insurance policies:
Plan A:A salary of \$750 per month, plus a commission of 10% of sales.

Plan B:A salary of \$1000 per month, plus a commission of 8% of sales in excess of \$2000.

For what amount of monthly sales is plan A better than plan B if we can assume that sales are always more than \$2000?

1. 👍
2. 👎
3. 👁
4. ℹ️
5. 🚩
1. Plan A: Salary \$750 + .10 of sales
Plan B: Salary \$1,000 + .08 of sales > \$2,000

x = dollar amt of sales
750 + .10x > 1000 + .08(x - 2000)
750 + .10x > 1000 + .08x - 160
750 + .10x > 840 + .08x
0.02x > 90
x > 4500

Plan A better when sales > \$4500

1. 👍
2. 👎
3. ℹ️
4. 🚩
2. That was a huge help. Thank you!!!

1. 👍
2. 👎
3. ℹ️
4. 🚩
3. You're welcome :)

1. 👍
2. 👎
3. ℹ️
4. 🚩

## Similar Questions

1. ### personal finance

A. The amount of an employee's income that an employer sends directly to the federal, state, or local tax authority B. Taxes, insurance, and saving plans deducted from a paycheck C. Provides a summary of the payroll information

2. ### math

A salesman receives a fixed salary of \$500 per week. In addition he is paid 12% of all sales over \$1000. Write the formula that describes how his weekly salary, s, depends on his weekly revenue, r. (The revenue is the amount of

3. ### math

Which of the following are true of ordinary whole-life insurance policies? 1. The insured pays premiums on this type of insurance until his death. 2. Ordinary whole life insurance covers the insured for the states term of the

4. ### math help

in 2003 brijesh paid a tax of 20% of his salary. in 2004 his salary increased by 93×3/4 % and the tax scheme changed. under the new tax scheme he had to pay a fixed sum of rs.1000 and an additional 20% on the amount above rs

1. ### Consumer Math: Insurance

Choose as many answers as apply. Which of the following statements are true of ordinary whole-life insurance policies? A. The insured pays premiums on this type of insurance until his death. B. Ordinary whole life insurance covers

2. ### matg

Kay is trying to decide between two job offers. The compensation package for job A includes 80% of the cost of a \$300-per-month health insurance plan, 90% of the cost of a \$40-per-month life insurance plan, a salary of \$65,000 per

3. ### Financial Accounting

Prepare adjusting journal entries for the year ended December 31, 2011 for each of the independent situation in (a) to (f). Assume that prepaid expenses are initially recorded in asset accounts. Assume that fees collected in

Snow was quickly piling up on the ground. Wind howled through the trees. Karen wrapped a blanket around her and sighed as she watched the snow through her bedroom window. In this passage, you can best infer that A. Karen is at

1. ### ACCOUNTING plz help thnx

I have to prepare an adjusting entry for Dec 31, 2008 for prepaid insurance from this: An analysis of the company's insurance policies provided these facts: Policy A Purchased on April 1, 2007 for 24 month at \$11400. Policy B

2. ### Statistics

The mean salary of 8 employees is \$36000 and the median is \$32000. This highest-paid employee gets a \$2000 raise. What is the new mean salary of the 8 employees? What is the new median salary of the 8 employees?

3. ### algebra

Chris can be paid in one of two ways. Plan A is a salary of ​\$380 per​ month, plus a commission of 9​% of sales. Plan B is a salary of ​\$656 per​ month, plus a commission of 3​% of sales. For what amount of sales is