Answer:
$12500
Step-by-step explanation:
Given that:
Salary plan 1:
Weekly salary of $500.
And a commission of 4%.
Salary plan 2:
Straight commission of 8%.
To find:
Weekly sales for which both the plans will make the same sales?
Solution:
Let the weekly sales = $[tex]x[/tex]
As per question statement:
Salary as per Plan 1 = $500 + 4% of [tex]x[/tex]
Salary as per Plan 2 = 8% of [tex]x[/tex]
Putting both the salaries to equal to find the total weekly sales.
$500 + 4% of [tex]x[/tex] = 8% of [tex]x[/tex]
[tex]\Rightarrow 500 = 4\%\ of\ x\\\Rightarrow 500 = \dfrac{4}{100}x\\\Rightarrow x = \$12500[/tex]
Therefore, the answer is:
For the sales of $12500, the salary will be same from both the plans.
