Question

As part of a company incentive, each sales person that sells over \$40{,}000$40,000dollar sign, 40, comma, 000 in merchandise this month will be paid a 10\%10%10, percent commission on the portion of the sales over \$40{,}000$40,000dollar sign, 40, comma, 000. The sales up to and including \$40{,}000$40,000dollar sign, 40, comma, 000 will be commissioned at 5\%5%5, percent. If William sells sss dollars worth of merchandise at his company this month and earns \$3{,}860$3,860dollar sign, 3, comma, 860 in commission, what is the value of sss?

Answer 1

Answer:

$58,600

Step-by-step explanation:

Data provided in the question:

Commission on Sales upto and including $40,000 = 5%

Commission on Sales above $40,000 = 10%

Total commission = $3,860

Now,

For sales of $40,000

maximum commission = 5% of $40,000

= $2,000

Since the commission received is greater than $2,000

Therefore,

The value of s is greater than $40,000

Thus

Amount qualifying for 10% commission = s - $40,000

therefore,

Total commission = $2,000 + 10% of (s - $40,000)

or

$3,860 =  $2,000 + 0.10 × (s - $40,000)

or

$1,860 = 0.10 × (s - $40,000)

or

s - $40,000 = $18,600

or

s = $18,600 + $40,000

or

s = $58,600

Answer 2

Answer: You probably copied and pasted this answer from khan academy or something because thats what happens when you do that. it shows the script or code on the question because what they used is not available on the keyboard so thats why its unanswerable. it shows  \$40{,}000$40,000dollar sign, 40, comma, 000.

Step-by-step explanation: