Question

Theo earns a base salary plus commission. At the end of September, he was paid $3,835.25 based on his monthly sales of $12,850. At the end of October, he earned $3,641 based on $9,875 in sales. What was Theo’s base salary?

Answer 1

Theo's base salary  using a simultaneous equation approach is $2,996.22 .

In order to determine the base salary of Theo, we can express the two earnings and sales amounts using simultaneous equation, that we would solve to arrive at the base salary

Bear in mind that total earnings are determined as base salary plus commission

Let X be the base salary

Let R be the rate of commission

commission =sales*rate of commission

When earnings were $3,835.25 and sales is $12,850, we have the below equation:

X+(12,850*R)=3,835.25

X+12850R=3,835.25  .................... equation (1)

When earnings were $3,641 and sales is $9,875, we have the below equation:

X+(9,875*R)=3641

X+9875R=3641 .........................  equation (2)

subtract equation 2 from 1

2975R=194.25

R=194.25/2975

R=commission rate=6.52941176470588%

substitute for R in equation 1 to arrive at X(base salary)

X+(12850*6.52941176470588%)=3,835.25

X=3,835.25-(12850*6.52941176470588%)

X=base salary=$2,996.22

Find further guide on simultaneous equation in the link below:

https://brainly.com/question/6597041

#SPJ1