Both Abel and Ali work in the sales department for ABC Company. Abel gets paid birr 120 per day plus 4% commission on the sales. Ali gets paid birr 132 per day plus 8% commission on the sales in excess of birr 1,000. For what sales amount would they both earn the same daily amounts?
Both Abel and Ali work in the sales department for ABC Company. Abel gets paid birr 120 per day plus 4% commission on the sales. Ali gets paid birr 132 per day plus 8% commission on the sales in excess of birr 1,000. For what sales amount would they both earn the same daily amounts?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Both Abel and Ali work in the sales department for ABC Company. Abel gets paid birr 120 per day plus 4% commission on the sales. Ali gets paid birr 132 per day plus 8% commission on the sales in excess of birr 1,000. For what sales amount would they both earn the same daily amounts?
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