Question

Ace Cars says they will pay Jim a 10% commission on the sale price of each car. Budget Cars says they will pay him $500 per week plus a 7.5% commission on the sale price of each car. Jim can sell one car every week. What price would the car have to sell for in order for these two job opportunities to pay Jim the same amount?

Answer 1

Let car's price be = X
Since, Ace Cars says they will pay Jim a 10% commission on the sale price of each car
So Total amount will be
X + ( X*10 )/100 = (X*110)/100 (1)

Since,Budget Cars says they will pay him $500 per week plus a 7.5% commission on the sale price of each car
So Total amount will be
(X+500)+(X*7.5)/100 = (X*107.5+50000)/100 (2)

Now, in order for these two job opportunities to pay Jim the same amount, (1) and (2) must be equated
(X*110)/100 = (X*107.5+50000)/100
X*2.5 = 50000
X = 125,000

Answer 2

Answer:

its 20,000

Step-by-step explanation: Cause it can also this awnser is from HRW and I just got it right.