janice earns a 4 percent commission for the medical equipment that she sells. if she earned $1,823.94 in…

janice earns a 4 percent commission for the medical equipment that she sells. if she earned $1,823.94 in commission on the digital x - ray machine that she sold, what was the cost of the machine?\n$4,559.85\n$7,295.76\n$45,598.50\n$72,957.60

janice earns a 4 percent commission for the medical equipment that she sells. if she earned $1,823.94 in commission on the digital x - ray machine that she sold, what was the cost of the machine?\n$4,559.85\n$7,295.76\n$45,598.50\n$72,957.60

Answer

Explanation:

Step1: Set up the commission - cost formula

Let the cost of the machine be $x$. The commission rate is $4%=0.04$, and the commission amount is $1823.94$. The formula for commission is $Commission = Rate\times Cost$, so $1823.94 = 0.04x$.

Step2: Solve for $x$

To find $x$, divide both sides of the equation by $0.04$. So $x=\frac{1823.94}{0.04}=45598.5$.

Answer:

$45,598.50$