John is considering accepting one of two sales positions. ABC Company offers a yearly salary of $45, 000. XYZ Company offers a yearly salary of $38, 000 plus a 2% annual commission on sales. For what amount of sales s is the salary at XYZ Company greater than the salary at ABC Company?

Question

Smoochie

Mathematics

12 November, 18:04

John is considering accepting one of two sales positions. ABC Company offers a yearly salary of $45, 000. XYZ Company offers a yearly salary of $38, 000 plus a 2% annual commission on sales. For what amount of sales s is the salary at XYZ Company greater than the salary at ABC Company?

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Jennings · Answer 1

Ok so we need to figure out several things. 45-38 = 7. So we need to get 7 thousand out of a 2% commission on sales. If 7 thousand is 2%, then 3.5 is 1%. We now have to multiply 3500 by 100 to figure out what is 100%. When we do, we get 350,000. Therefor, John would have to sale $350,000 worth of items to make the same pay that company ABC offers him.

(I'd take company ABC if I was John)