- Sales for the month minus the VAT @ 20% = (x).
- 20% of (x) is profit margin (y).
- 5% of (y) is commission earned (c).
How can I write an equation that demonstrates the above please?
I.e x - 20% of y - 95% of y = c. (Sorry, not explained well). Thanks.
How can I write an equation that demonstrates the above please?
I.e x - 20% of y - 95% of y = c. (Sorry, not explained well). Thanks.
Why not : y = 0.2 x and c = 0.05 y. Then c = 0.05 (0.2 x) = 0.01 x