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On 4 sales, Matt received commissions of...

On 4 sales, Matt received commissions of `$300, $40, $x, and $140`. Without the `$x`, his average commission would be `$50` lower. What is x?

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The correct Answer is:
To solve the problem, we need to find the value of \( x \) based on the information provided about Matt's commissions. Let's break it down step by step. ### Step 1: Understand the Average Formula The average of a set of numbers is calculated by dividing the sum of those numbers by the count of the numbers. ### Step 2: Calculate the Average Without \( x \) Matt's commissions without \( x \) are \( 300, 40, \) and \( 140 \). We need to find the average of these three values. 1. **Sum the commissions without \( x \)**: \[ 300 + 40 + 140 = 480 \] 2. **Count the number of commissions**: There are 3 commissions. 3. **Calculate the average**: \[ \text{Average without } x = \frac{480}{3} = 160 \] ### Step 3: Set Up the Equation for Average With \( x \) With \( x \) included, the commissions are \( 300, 40, x, \) and \( 140 \). 1. **Sum the commissions with \( x \)**: \[ 300 + 40 + x + 140 = 480 + x \] 2. **Count the number of commissions**: There are 4 commissions. 3. **Calculate the average with \( x \)**: \[ \text{Average with } x = \frac{480 + x}{4} \] ### Step 4: Set Up the Equation Based on the Given Condition According to the problem, the average with \( x \) is $50 higher than the average without \( x \): \[ \text{Average with } x = \text{Average without } x + 50 \] Substituting the values we calculated: \[ \frac{480 + x}{4} = 160 + 50 \] \[ \frac{480 + x}{4} = 210 \] ### Step 5: Solve the Equation Now, we will solve for \( x \). 1. **Multiply both sides by 4 to eliminate the fraction**: \[ 480 + x = 840 \] 2. **Isolate \( x \)**: \[ x = 840 - 480 \] \[ x = 360 \] ### Conclusion The value of \( x \) is \( 360 \).
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