SOLUTION: I am not sure if this is finance. Jeremy receives a base salary of $25,000 plus 5% commission on his sales. If Jeremy received a total salary of $45,000 last year, what were his

Algebra ->  Finance -> SOLUTION: I am not sure if this is finance. Jeremy receives a base salary of $25,000 plus 5% commission on his sales. If Jeremy received a total salary of $45,000 last year, what were his      Log On


   



Question 307642: I am not sure if this is finance.
Jeremy receives a base salary of $25,000 plus 5% commission on his sales. If Jeremy received a total salary of $45,000 last year, what were his total sales?
I just want to know HOW to do the problem, not the ANSWER.
Thank you!

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
45000-25000=20000 commision
20000/.05=$400,000 in sales