Question #00ba1

1 Answer
Oct 21, 2016

$4600

Explanation:

Let x be the amount you have to sell.

0.07 = 7%

x xx (0.07) is the amount earned on the straight commission.

0.02 = 2%

230 + x xx (0.02) is the amount earned on the salary plus a 2 % commission.

Set these two amounts equal to each other.

x xx 0.07 = 230 + x xx 0.02

0.07x = 230 + 0.02x" " Subtract 0.02x from both sides

0.07 x - 0.02 x = 230 + 0.02x - 0.02 x

This gives 0.05 x = 230" " Divide both sides by 0.05

This gives x = $4,600