Results 1 to 4 of 4

Thread: Just need the eqaution set up, then i'll solve

  1. #1
    Junior Member
    Joined
    May 2016
    From
    Wisconsin
    Posts
    30

    Just need the eqaution set up, then i'll solve

    a person is a salesman and earns 15% on the first $5,000 in sales

    She then trys to sell 15,000 worth of sales, what would her commission be?


    I need this setup in a expression or equation for me to solve. This is just the last one I am stuck on! Thanks
    Follow Math Help Forum on Facebook and Google+

  2. #2
    MHF Contributor
    Joined
    Dec 2013
    From
    Colombia
    Posts
    1,782
    Thanks
    581

    Re: Just need the eqaution set up, then i'll solve

    It looks like there's some information missing. At what rate is the commission after the first \$5,000 of sales?

    But anyway, the setting up of the equation is the important bit. You should have a go first.
    Follow Math Help Forum on Facebook and Google+

  3. #3
    MHF Contributor

    Joined
    Apr 2005
    Posts
    19,248
    Thanks
    2837

    Re: Just need the eqaution set up, then i'll solve

    What you are saying is that she gets 15% commission on the first $5000 and nothing on any sales after that! Surely that is not correct! I suspect you mean "15% on the first $5000, then a different commission on any amount over that. But you forgot to give the second amount!

    As an example, suppose she got a 15% commission on the first $5000 and a 20% commission for all sales over that. 15% of $5000 is (0.15)(5000)= $750. $15000- 5000= $10000 so the 20% commission is figured on $10000. 20% of $10000 is (0.20)(10000)= $2000. The total commission is $750+ 2000= $2750.
    Follow Math Help Forum on Facebook and Google+

  4. #4
    MHF Contributor
    skeeter's Avatar
    Joined
    Jun 2008
    From
    North Texas
    Posts
    16,077
    Thanks
    3638

    Re: Just need the eqaution set up, then i'll solve

    Quote Originally Posted by HallsofIvy View Post
    What you are saying is that she gets 15% commission on the first \$5000 and nothing on any sales after that! Surely that is not correct! I suspect you mean "15% on the first \$5000, then a different commission on any amount over that. But you forgot to give the second amount!

    As an example, suppose she got a 15% commission on the first \$5000 and a 20% commission for all sales over that. 15% of \$5000 is (0.15)(5000)= \$750. \$15000- 5000= \$10000 so the 20% commission is figured on \$10000. 20% of \$10000 is (0.20)(10000)= \$2000. The total commission is \$750+ 2000= \$2750.
    fixed the Latex dollar signs delimiters ...
    Follow Math Help Forum on Facebook and Google+

Similar Math Help Forum Discussions

  1. solve eqaution
    Posted in the Algebra Forum
    Replies: 3
    Last Post: Apr 11th 2016, 07:07 AM
  2. log eqaution from a graph
    Posted in the Algebra Forum
    Replies: 11
    Last Post: May 23rd 2014, 03:02 AM
  3. Eqaution with 2 variables
    Posted in the Number Theory Forum
    Replies: 2
    Last Post: Dec 20th 2009, 06:40 AM
  4. exponetial eqaution
    Posted in the Algebra Forum
    Replies: 4
    Last Post: Oct 29th 2009, 03:17 PM
  5. I need help simplifing this eqaution.
    Posted in the Algebra Forum
    Replies: 2
    Last Post: Mar 3rd 2008, 02:57 PM

/mathhelpforum @mathhelpforum