Q. 4.30

Question

Kenneth currently sells suits for company A at a salary of \(22,000 plus a \)10 commission for each suit sold. Company B offers him a position with a salary of \(28,000 plus a \)4 commission for each suit sold. How many suits would Kenneth need to sell for the options to be equal?

Step-by-Step Solution

Verified
Answer

Kenneth needs to sell 1000 suits for the options to be equal.

1Step 1. Given information

The salary for Company A is $22,000 plus a $10 commission for each suit sold and the salary for company B is $28,000 plus a $4commission for each suit sold.

2Step 2. Explanation and Assumptions.

Let the number of suits sold be x and the salary for company A and B be y1 and y2 respectively.

The equation representing the salary for company A will be y1=10x+22000.

The equation representing the salary for company B will be y2=4x+28000.

The salary must be same, so y1=y2.

3Step 3. Solving the equations.

Putting the values and solving the equation,

10x+22000=4x+28000

Subtracting 22000 and 4x from both sides,

6x=6000

Dividing by 6, we get

x=1000

4Step 4. Checking the solution

Putting x=1000 in both equations, we get

y1=10x+22000y1=10(1000)+22000y1=10000+22000y1=32,000y2=4x+28000y2=4(1000)+28000y2=4000+28000y2=32,000

Hence we get that y1=y2, the salaries are equal for each option.