Question

For each boat he sells, nick earns $149 in addition to 2% of the purchase price of the boat as commission. If p represents the purchase price of the boat, which equation represents micks commission c?

Answer 1

The equation c = 0.02p+149 represents micks commission.

Explanation:

Given that:

Amount earned by Nick on sale of each boat = $149

Commission earned = 2% of the purchase price

p represent the purchase price

Commission earned =
`(2)/(100)*p`

Commission earned = 0.02*p

Commission earned = 0.02p

Total commission = c = 0.02p + 149

Hence,

The equation c = 0.02p+149 represents micks commission.