Knowee
Questions
Features
Study Tools

Luis was hired to sell cars. He must choose a commission plan for his payment. He can choose Plan A or Plan B. For Plan A Lee gets a base salary of 24,000€ a year plus a 1,020€ commission for each car he sells. In Plan B Lee gets a base salary of 27,000€ a year plus a 900€ commission for each car he sells.Use a system of equations to model Luis' situation and choose the best response below.Group of answer choicesIf Luis sells exactly 18 cars, he earns the exact same amount of money with either plan.If Luis sells 26 cars, he earns 44,092€ with Plan B.If Luis sells 26 or more cars, Plan B is a better plan because he earns more money in one year.If Luis sells 26 or more cars, Plan A is a better plan because he earns more money in one year.If Luis sells 26 cars, he earns 44,408€ with Plan A.

Question

Luis was hired to sell cars. He must choose a commission plan for his payment. He can choose Plan A or Plan B. For Plan A Lee gets a base salary of 24,000€ a year plus a 1,020€ commission for each car he sells. In Plan B Lee gets a base salary of 27,000€ a year plus a 900€ commission for each car he sells.Use a system of equations to model Luis' situation and choose the best response below.Group of answer choicesIf Luis sells exactly 18 cars, he earns the exact same amount of money with either plan.If Luis sells 26 cars, he earns 44,092€ with Plan B.If Luis sells 26 or more cars, Plan B is a better plan because he earns more money in one year.If Luis sells 26 or more cars, Plan A is a better plan because he earns more money in one year.If Luis sells 26 cars, he earns 44,408€ with Plan A.

...expand
🧐 Not the exact question you are looking for?Go ask a question

Solution

Let's denote the number of cars Luis sells as x.

For Plan A, the equation would be: 24,000€ + 1,020€x = y

For Plan B, the equation would be: 27,000€ + 900€x = y

Now, let's substitute x with the number of cars sold in each scenario:

  1. If Luis sells exactly 18 cars: Plan A: 24,000€ + 1,020€*18 = 42,360€ Plan B: 27,000€ + 900€*18 = 43,200€ So, the first statement is incorrect.

  2. If Luis sells 26 cars: Plan A: 24,000€ + 1,020€*26 = 50,520€ Plan B: 27,000€ + 900€*26 = 50,400€ So, the second and fifth statements are incorrect.

  3. If Luis sells 26 or more cars: We can see from the above calculations that if Luis sells 26 cars, he earns more with Plan A. So, the third statement is incorrect.

Therefore, the correct answer is: "If Luis sells 26 or more cars, Plan A is a better plan because he earns more money in one year."

This problem has been solved

Similar Questions

Barbara worked on a straight 12%12% commission. Her friend worked on a salary of $750$⁢750 plus a 6%6% commission. In a particular month, they both sold $24,100$⁢24,100 worth of merchandise.Step 2 of 2 :  How much did her friend earn for the same month? Follow the problem-solving process and round your answer to the nearest cent, if necessary.

Kofi took a job as a salesman. He has two choices for pay. Plan A is a monthly salary of 700 GHS per month plus 15% commission on monthly sales. Plan B is a monthly salary of 800 GHS per month plus 6.5% commission on monthly sales. How much in monthly sales would Kofi need to sell to make Plan A the better option?He would have to sell more than ____ GHS per month. What number goes in the blank? Round your answer to two decimal places.

Dave is a salesperson in a marketing firm. He is paid a base salary of $950/week plus a graduated commission of 3.5% on sales up to $3000 and 6.5% on sales over $3000. What were his total earnings if his sales last week were $7606?

John works as a sales agent in a car company which gives a 12% commission in his total sales. John can close a sale of a car worth ₱1,000,000. He has a salary of ₱18,000 a month.How much is his total pay?

A salesman is paid a basic salary of Sh 7100. He also gets 6% commission once he has sold goods for over Sh 70000. How much commission did he earn in a month in which he sold goods worth Sh 560000?

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.