Matt gets \$1000 commission on a big sale.This commission alone raises his average commission by \$150. if Matt's new average commission is $400, how many sales has Matt made?
I feel this question is missing some information but the book has a solution. Am i missing something?
Hint: Let $n$ be the number of sales Matt has made, $T$ the total commission Matt has earned, including the most recent sale. How would you calculate his current average commission (if you didn't know it already) from these values? How would you calculate the average commission prior to his most recent sale? From these calculations, you will have two linear equations in the two variables $n$ and $T$, from which you should be able to determine $n$ (and $T$, of course).