Dave receives a salary of $200 a week plus a commission of 10% of his weekly sales. An equation y=mx+b represents Dave’s weekly earnings. The y-intercept is Dave’s base salary. The slope of the line is his commission.Write an equation representing Dave’s weekly earnings.
Answer:
y = 0.1x + 200,
Slope = 0.1,
y-intercept = 200
Step-by-step explanation:
Given,
The original salary = $ 200,
Commission percentage on the sale = 10%,
If Dave sold x units,
Thus, the amount of commission for x units sale = 10% of x,
\(=\frac{10\times x}{100}\)
= 0.1x
Then, the total earning = commission for x units + original salary
⇒ y = 0.1x + 200,
∵ the slope of the line y = mx + c is m,
So, the slope = 0.1,
For y-intercept, x = 0,
⇒ y = 200
Thus, y-intercept is 200.