Piper works at a camera store. He is paid an hourly rate plus 16% commission on everything he sells One week, he was paid $365 for working 20 hours and selling $1,500 worth of camera equipment. What is his hourly rate?
@phi
earned = 20 hours * rate + commission on 1500
So would the earned include $365 + $1,500 ?
no. commission means if you sells cameras, and at the end of the week, the customers paid 1500 for all the cameras they bought from him, he gets a small share (he does not get it all, because the store has to buy cameras from the factory, and pay for renting the store, and making a profit.)
so that means that will the earned be equal to 365 + 1500(0.16)?
the 365 is how much he got from both the commission and for rate * 20 hours
He makes most of his money from the commission, and a small amount from the hourly pay: hours * rate + commission = 365
You know hours is 20 you know the commission is 1500*0.16 you need to figure out rate
So is this something to do with isolating a variable to find out the rate?
yes. First write the equation 20x + 1500*0.16 = 365 solve for x
Okay. 1500 x 0.16 = 240 20x + 240 = 365 20x=125 125/20 = 6.25
So the answer is 6.25 right?
yes. algebra is very powerful way to figure it out.
THANK YOU!!
Can you help me with some other questions? Please.
a few
Thanks :)
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