Concept explainers
To calculate commission of clerk.
Answer to Problem 5.2.12P
Sell must be at least $14300 to earn $1000 as commission
Explanation of Solution
Given information:
Sales clerk earn 7% commission.
Clerk sell to earn $1000 as commission.
Calculation:
Let sell is $100 to earn 7% commission
Let required sell is 100x to earn commission 1000
Clerk earn commission 1000
New sell=100x
Then,
On solving,
On solving,
Dividing both sides by 7
On solving,
Approximate answer,
Then new sell
On solving
Hence, sell must be atleast $14300 to earn $1000 as commision.
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Algebra 1, Homework Practice Workbook (MERRILL ALGEBRA 1)
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