Equation for the monthly wage will be → W = 0.07S + 5000
Given in the question,
Let the total sales of a month = $S
Therefore, commission on this sale = 7% of $S
= $0.07S
Salary of the month = $5000
Total earnings (W) of the sales person = $(0.07S + 5000)
Therefore, equation for the monthly wage will be,
W = 0.07S + 5000
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