Question

Mr.Hardy works at a local dealership that pays his wages of 24,000 per years plus 1.5% commission on his sales. If the average price If a car he sells is 30,500 about how many car must he sell to make an annual income of at least 40,000

Answer 1

The number of cars he must sell in order to earn at least 40,000 is 35 cars.

What is fixed pay and variable pay?

Fixed pay is the pay that is earned that is not dependent on the number of cars sold. Variable pay is the pay that is determined by the number of cars sold.

How many cars must be sold to earn 40,000?

This equation can be used to represent the total pay :

40,000 = 24,000 + 0.015(30,500x c)

Where c represents the total number of cars

40,000 = 24,000 + 457.50c

In order to determine the value of c, take the following steps:

Combine similar terms

40,000 - 24,000 = 457.50c

16,000 = 45,750c

Divide both sides by 45,750

c = 35 cars

To learn more about division, please check: https://brainly.com/question/13281206