As Margaret starts her new job, her employer offers two salary options. Plan 1 is a base pay of $1475/mo plus 3% of sales. Plan 2 is a base pay of $500/mo plus 15% of sales. What level of monthly sales is needed for her to earn more under Plan 2?
Added by Kathryn H.
Step 1
Let x represent the monthly sales. Plan 1: 1475 + 0.03x Plan 2: 500 + 0.15x We want to find the level of monthly sales where Plan 2 is greater than Plan 1, so we set up the inequality: 500 + 0.15x > 1475 + 0.03x Show more…
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