QUESTION IMAGE
Question
one employee of a computer store is paid a base salary of $1000 a month plus an 8% commission on all sales over $7000 during the month. how much must the employee sell in one month to earn a total of $5000 for the month?write an equation required to find the solution, using x to represent the amount of sales, in dollars, by the employee.(use integers or decimals for any numbers in the equation. do not simplify.)
Step1: Identify base salary and commission part
The base salary is $1000. The commission is 8% on sales over $7000, so the commissionable sales amount is $(x - 7000)$ (since $x$ is total sales, and commission is on sales over 7000). The commission rate is 8%, so the commission amount is $0.08(x - 7000)$. The total earnings are base salary plus commission, and we want total earnings to be $5000$.
Step2: Form the equation
Total earnings = base salary + commission. So, $1000 + 0.08(x - 7000) = 5000$.
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$1000 + 0.08(x - 7000) = 5000$