SOLUTION: A salesperson earns a base salary of $735 per month plus 16% commission on all sales. Find the minimum amount a salesperson would need to sell to earn at least $1250 for one month.
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-> SOLUTION: A salesperson earns a base salary of $735 per month plus 16% commission on all sales. Find the minimum amount a salesperson would need to sell to earn at least $1250 for one month.
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Question 1018337: A salesperson earns a base salary of $735 per month plus 16% commission on all sales. Find the minimum amount a salesperson would need to sell to earn at least $1250 for one month. (Round your answer to two decimal places. Include units with your numerical answer.)
Sales need to be greater than or equal to ______ in order to earn at least $1250 for one month. Answer by Cromlix(4381) (Show Source):
You can put this solution on YOUR website! Hi there,
Basic Salary = $735 per month
+ 16% on all sales
Wishes to make $1250 for one month.
He would need to earn $1250 - $735
= $515 on sales
(515 X 100)/ 16 = $3218.75
16% of $3218.75 = $515
Sales need to be greater than or equal to __$3218.75____ in order to earn at least $1250 for one month.
Hope this helps :-)