SOLUTION: A salesman salary is $18,500 per year. In addition the salesman earns 5% commission of the years sales. Last year the salesman earned $25,400. How much was sold that year?
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Question 207183: A salesman salary is $18,500 per year. In addition the salesman earns 5% commission of the years sales. Last year the salesman earned $25,400. How much was sold that year? Answer by rfer(16322) (Show Source):
You can put this solution on YOUR website! commision is the difference between total earnings and salary
commision is a % of sales, divide commision by the rate
(25400-18500)/.05=$138,000