Given:
Fixed salary = $1400
Additional salary = $500 each time he sells a car.
To find:
The equation for the situation and how much money he will make if he sells 7 cars.
Solution:
Let y be the total salary of the salesman after selling x cars.
He will earn an extra $500 each time he sells a car. So, extra money earned by him after selling x cars is 500x.
Total salary = Fixed salary + Additional salary
[tex]y=1400+500x[/tex]
Substituting [tex]x=7[/tex], we get
[tex]y=1400+500(7)[/tex]
[tex]y=1400+3500[/tex]
[tex]y=4900[/tex]
Therefore, the required equation for the given situation is [tex]y=1400+500x[/tex] and the salesman will earn $4900 if he sells 7 cars.