Question

In one month, Logan and Matt, sold two types of couches: economy and fancy. The following lists show theamount each salesman sold and the price of each item type:Economy FancyPriceLogan 69 59Economy $407Matt 62 80$878How much revenue did each salesman earn for his company?Logan: $FancyMatt: $

Answer 1

We are given that there are two salesmen, Logan and Matt.

To determine the revenue, that is total sales made by each of these sales men, we can draw up a table showing the quantity of couches sold multiplied by the amount each was sold for. The details are;

$\begin{gathered} \text{Prices;} \\ \text{Economy}-\text{ \ 407} \\ \text{Fancy}-\text{ \ 878} \end{gathered}$$\begin{gathered} \text{Salesman; Logan} \\ \text{Economy}-69 \\ \text{Fancy}-59 \end{gathered}$$\begin{gathered} \text{Salesman; Matt} \\ \text{Economy}-62 \\ \text{Fancy}-80 \end{gathered}$

The total sales made by Logan can now be calculated as shown;

$\begin{gathered} \text{Logan} \\ \text{Economy}=69\times407=28083 \\ \text{Fancy}=59\times878=51802 \\ \text{Total}=28083+51802 \\ \text{Total}=79,885 \end{gathered}$

The total sales made by Matt can also be calculated as shown;

$\begin{gathered} \text{Matt} \\ \text{Economy}=62\times407=25234 \\ \text{Fancy}=80\times878=70240 \\ \text{Total}=25234+70240 \\ \text{Total}=95,474 \end{gathered}$

ANSWER:

Therefore, the revenue made by each salesman is shown below;

Logan: $79,885

Matt: $95,474