Becky Schwartz, a saleswoman, is offered two salary plans.

Question

Plan 1 is $450 per week salary plus a 3% commission of sales. Plan 2 is a $150 per week salary plus a 16% commission of sales. How much would Becky need to make in sales for the salary to be the same from both plans.

Answer 1

let x be total sales

 

450 + .03x = 150 + .16x

 

450 - 150 = .16x - .03x

 

300 = .13x

 

x =  $2,307.69