A salesman receives a fixed salary of $500 per week. In addition he is paid 12% of all sales over $1000.

Question

Write the formula that describes how his weekly salary, s, depends on his weekly revenue, r. (The revenue is the amount of money he collects by selling the goods.)

Answer 1

y = 500 when sales<=1000;

y = 500 +sales(times).12

 

Explanation: if sales are low, the salesman takes home 500. If sales increase above 1000, the salesperson takes also 12% (or .12) of the revenue home.