SOLUTION: Can you help me with the problem below: A real estate salesperson usually works for a small salary plus a percentage of each house she sells. If her salary is $100 a week plus 3

Algebra.Com
Question 912677: Can you help me with the problem below:
A real estate salesperson usually works for a small salary plus a percentage of each house she sells. If her salary is $100 a week plus 3.5% of the price of each house sold, how many dollars' work of houses must she sell in order to clear $20,000 in one year? Assume she works 50 weeks per year.

Answer by mananth(16946)   (Show Source): You can put this solution on YOUR website!
Let the value of the houses she sells in a year be x
100 per week
50 weeks in a year
I = 5000+3.5% *x
I> 20,000
5000+3.5%x>20,000
multiply by 100
500000+3.5x > 2000000
3.5x >2000000-500000
3.5x >1500000
x>1500000/3.5
x>428,752

RELATED QUESTIONS

A real estate agent receives a salary of 10000 plus 3% of her total sales for the year. (answered by addingup)
Can someone please help me with this problem: Real Estate commission: The following (answered by jorel1380)
The problem is: A real estate agent recieves a monthly salary of $1500 plus a 4%... (answered by Annabelle1)
Stan is a real estate salesperson. He receives 60% of 5% commission that the real estate... (answered by ewatrrr)
commision A company pays its salespersons on a basis of a certain percentage of the (answered by scott8148)
commision A company pays its salespersons on a basis of a certain percentage of the (answered by scott8148)
A salesperson works at a computer store. He has a choice of two payment plans. Plan A... (answered by Aldorozos)
Stan is a real estate salesperson. He recive 60 % of 4.8 commissions that real estate... (answered by greenestamps)
I ask this problem a while ago and nobody helped me so can someone help me please? A... (answered by checkley71)