sales 45,000 commission rate is 3.6% and salary is $275
Set up the commission function C(s) where s is the salary:
C(s) = Commission * s + salary
We're given: C(s) = 45,000, commission = 3.6%, which is 0.036 and salary = 275, so we have:
0.036s + 275 = 45000
To solve for s, we type this equation into our search engine and we get:
s = 1,242,361.11
Set up the commission function C(s) where s is the salary:
C(s) = Commission * s + salary
We're given: C(s) = 45,000, commission = 3.6%, which is 0.036 and salary = 275, so we have:
0.036s + 275 = 45000
To solve for s, we type this equation into our search engine and we get:
s = 1,242,361.11