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CAR SALES: For Exercise 48 and 49, use the following information.

Mrs. Lucas earns a salary of \(24,000per year plus 1.5% commission on her sales. If the average price of a car she sells is \)30,500, about how many cars must she sell to make an annual income of at least $40,000.

49. Solve the inequality and interpret the solution.

Short Answer

Expert verified

The number of cars isx≥35.

Step by step solution

01

- Define the variable.

A variable is a term that is used to represent an unknown value.

02

- State the inequality.

From given, let x be the number of cars she sells to make an annual income of at least $40,000.

Now, the average price of a car she sells is $30,500.

Total price of the cars will be $30,500×x.

She has 1.5%of commission on her sells.

That is,

That is equal to 1.5100×$30,500×x.

She also has a salary of $24,000

The inequality is:

$24,000+1.5100×$30,500×x≥$40,000

03

- Solve the inequality.

Simplify the inequality as shown below:

$24,000+1.5100×$30,500×x≥$40,000$24,000+457.5x−$24,000≥$40,000−$24,000457.5x≥$16,000x≥34.9≈35

Therefore, the number of cars needed to be sold is x≥35.

04

- State the interpretation.

As x>35. Thus, Mrs. Lucas needs to sell minimum 35 cars so that she can have an annual income of at least $40,000.

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