John is paid a retainer of $550 a week as well as a 2% commission on sales made. Find his income for

Discussion in 'Calculator Requests' started by math_celebrity, Aug 24, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    John is paid a retainer of $550 a week as well as a 2% commission on sales made. Find his income for the week if in one week he sells cars worth of $80000

    Set up the income function C(s) where s is the number of sales for a week. Since 2% can be written as 0.02, we have:
    I(s) = Retainer + 2% of sales
    I(s) = 550 + 0.02s

    The problem asks for a I(s) where s = 80,000:
    I(s) = 550 + 0.02(80000)
    I(s) = 550 + 1600
    I(s) = 2150
     

Share This Page