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Nick, a salesman, earns a base salary of $600/week plus an 8% commission on sales. The amount of money Nick earns in a week is E, and the total value of his sales is s. Write an equation that relates the variables. Also, how much will Nick have to sell if he earns $1560 in one week?

 Nov 17, 2016
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E = 600 +(.08) s   will tell you how much he makes in a week (E)

 

1560 = 600 + (.08) s       Solve for 's'  (sales)

960 = .08 s

960/(.08) = s = $ 12,000   in sales needed

 Nov 17, 2016

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