Hello, I found this following problem on the flash cards.
I dont understand on the answer sheet, why express (r-50,000) why subtract 50,000 from r?
Is the statement sufficient?
Carla earns a base salary of $30,000 plus 10% commission
on her total sales revenue exceeding $50,000. How much
did she make on commission this year?
1) If her total sales revenue had been 25% higher, her
commission would have been 20% higher
First, label total commission c and total sales revenue r. The
key is to realize that we have 2 different ways to express the
relationship between our two variables. From the question,
we know that c = 0.1(r – 50,000). From the statement, we
know that 1.2c = 0.1(1.25r – 50,000). We know that we have
2 linear equations relating our 2 variables, so we will get one
unique solution.