a salesperson works 40 hours per week at a job where he has two options for getting paid. Option A is an hourly wage of $19. Option B is a commission rate of 8% on weekly sales. How much does he need to sell in a given week to earn the same amount with each option?
Accepted Solution
A:
Answer:$9,500Step-by-step explanation:Given, Option A: Hourly wage is $19 and the salesperson works 40 hours per week. So, he will earn in a week= 19 X 40 = $760Now, according to option b, he will get 8% commission on weekly sales. Let. x = the amount of weekly sales.To earn the same amount of option A, he will have to equal the 8% of x to $760So, 8x/100= 760Or, 8x= 76000Or, x= 76000/8= 9,500the salesman needs to make a weekly sales of $9,500 to earn the same amount with two options.