Levi has a job offer in which he will receive $800 per month plus a commission of 2% of the total price of the cars that he sells. At his current job, he receives $1200 per month plus a commission of 1.5% of his total sales. How much must he sell per month to make the new job a better deal than his current job? Define variables, write a system of equations, and solve.

Answers

Answer 1

Answer:

Levi must sell more than 80000 cars per month for the new job to be better than the current job.

Step-by-step explanation:

New Job;

He receives $800 per month plus a commission of 2% or 0.02 of the total price of the cars.

Now, let the total amount he receives in a month be "y" and let the amount of cars sold be x.

Thus;

y = 800 + 0.02x - - - -(eq1)

Current Job:

He receives $1200 per month plus a commission of 1.5% or 0.015 of his total sales.

Thus;

y = 1200 + 0.015x - - - (eq2)

Substituting 800 + 0.02x for y into eq(2) gives;

800 + 0.02x = 1200 + 0.015x

0.02x - 0.015x = 1200 - 800

0.005x = 400

x = 400/0.005

x = 80000

This means Levi must sell more than 80000 cars per month for the new job to be better than the current job.


Related Questions

The probability that a randomly-selected person at a show has seen the band play live before is 50%. A "superfan" is defined as someone who has seen the band play live at least 5 times. The probability that a person at a show is a "superfan" is 30%. Two people are selected at random. What is the probability that both people have both seen the band perform live before, and are "superfans?"

Answers

Answer:

0.25 and 0.09

Step-by-step explanation:

The probability that a randomly-selected person at a show has seen the band play live before is 50%=0.50

The probability that a person at a show is a "superfan" is 30%=0.30

Two people are selected at random.

The probability that both people have both seen the band perform live before

= The probability that the first person has seen the band live before and the second person also has seen the band live before.

=0.50 x 0.50

=0.25

Similarly, the probability that both are  "superfans"

=The probability that the first person is a superfan and the probability that the second person is a superfan.

=0.30 x 0.30

=0.09

Hence, the probability that both people have both seen the band perform live before, and are "superfans" are 0.25 and 0.09 respectively.

39.99+0.45x=44.99+0.4x​

Answers

Answer:

x=100

Step-by-step explanation:

39.99+0.45x=44.99+0.4x​

0.45x=5+0.4x    

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Answers

answer: y = -2/3x - 5

explanation: parallel slopes are the same, so the new equation would have a slope of -2/3. now, we have to find the y-intercept. to do this, plug in the x and y values for our new equation. we know that the standard form is y=mx+b, where b is the y-intercept.
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multiply
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subtract 4 on both sides
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y = -2/3x - 5
you can check by plugging in the x-value (-6)
y= -2/3(-6) - 5
to get
y= -1
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Answers

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Answers

Answer:

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Answers

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Step-by-step explanation:

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Answers

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Answers

Answer:

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Step-by-step explanation:

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Answer:

14.6

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Morgan is in the business of manufacturing phones. She pays a cost of $200 per phone produced for materials and labor and also must pay a daily fixed cost of $400 to rent the building and equipment. Make a table of values and then write an equation for C,C, in terms of p,p, representing total cost, in dollars, of producing pp phones in a given day.

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Divide 200 and 400 then bam- your answer is there

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Let number of phones is represented by x .

Since, She pays a cost of $200 per phone produced for materials and labor

For x phones, she will pay = 200x

Since, she also pays daily fixed cost of $400 to rent the building and equipment

Therefore, total cost is represented by equation shown below,

                           [tex]C=200x+400[/tex]

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Answer:

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Answers

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Answers

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