Select the correct answer from each drop-down menu.Gary works as a sales representative in a clothing store. He gets a fixed salary of $1,500 per month. He also gets a commission of 10% of his sales.The equation of the line that represents the total amount of money he earns per month, y, in terms of the value of his total sales, x, is y = x .
Question
Select the correct answer from each drop-down menu.Gary works as a sales representative in a clothing store. He gets a fixed salary of $1,500 per month. He also gets a commission of 10% of his sales.The equation of the line that represents the total amount of money he earns per month, y, in terms of the value of his total sales, x, is y = x .
Solution
The equation of the line that represents the total amount of money Gary earns per month, y, in terms of the value of his total sales, x, is y = 0.10x + 1500.
Here's the step by step explanation:
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Gary's fixed salary is $1500. This is the amount he earns regardless of his sales, so it's the y-intercept of the equation.
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Gary also earns a commission of 10% on his sales. This means for every dollar of sales he makes, he earns an additional 10 cents. This is the slope of the equation, represented as 0.10 (since 10% equals 0.10 in decimal form).
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Therefore, the equation becomes y = 0.10x + 1500, where y is the total amount of money Gary earns per month and x is the value of his total sales.
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