alesman has a basic salary and in addition,receives a commission which is a fixed percentage of his sales volume. When his weekly sales are Br.1000,his total salary is br.400.When his weekly sales are 500.00,his total salary is br.300.Determine his basic salary and his commission percentage and express the relationship between sales and salary in equation form
alesman has a basic salary and in addition,receives a commission which is a fixed percentage of his sales volume. When his weekly sales are Br.1000,his total salary is br.400.When his weekly sales are 500.00,his total salary is br.300.Determine his basic salary and his commission percentage and express the relationship between sales and salary in equation form
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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A salesman has a basic salary and in addition,receives a commission which is a fixed percentage of his sales volume. When his weekly sales are Br.1000,his total salary is br.400.When his weekly sales are 500.00,his total salary is br.300.Determine his basic salary and his commission percentage and express the relationship between sales and salary in equation form
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