SOLUTION: A local salesman receives a base salary of $725 monthly. He also receives a commission of 7% on all sales over $1300. How much would he have to sell in a month if he needed to have

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A local salesman receives a base salary of $725 monthly. He also receives a commission of 7% on all sales over $1300. How much would he have to sell in a month if he needed to have      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 764603: A local salesman receives a base salary of $725 monthly. He also receives a commission of 7% on all sales over $1300. How much would he have to sell in a month if he needed to have a monthly income of $2400?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
A local salesman receives a base salary of $725 monthly. He also receives a commission of 7% on all sales over $1300. How much would he have to sell in a month if he needed to have a monthly income of $2400?
-----
Salary = 725+0.07(x-1300)
------
2400 = 725 + 0.07x - 91
------
1766 = 0.07x
x = 25,228.57
------
Ceers,
Stan H.
===================