Kristin is promoting an upcoming play. She has two options for how she will be paid. Option A is an hourly wage of $7.00. Option B is a 5% commission on all money made during the play. She plans to work 2 days for 8 hours each day. How much money will the play need to bring in for both payment options to be equivalent?

Respuesta :

Answer:

$2240.

Step-by-step explanation:

Option A.

The option A implies a fixed amount of earning, if she is planning to work 2 days, 8 hours per day, then she will work 16 hours, if they pay $7 per hour. She will earn:

[tex]\$7(16hr)=$112[/tex]

Option B.

The second option is to just earn by commission, a 5% on all money made.

So, the equivalent point would be model by the following expression:

[tex]0.05x=112[/tex]

Where [tex]x[/tex] is the total amount of many, now we solve for [tex]x[/tex]:

[tex]x=\frac{112}{0.05}=\$2240[/tex]

This means that if during the play they make $2240, Kristin would gain the same no matter what option she takes.

However, if they make less than $2240, then the option A is the best decision.

Answer:

$2,240

Step-by-step explanation: