SOLUTION: A sales executive earns 1000 dollars per month plus 5% commission on the amount of sales, The executive's goal is to earn 5000 dollars per month. What amount of sales will enable

Algebra ->  Percentage-and-ratio-word-problems -> SOLUTION: A sales executive earns 1000 dollars per month plus 5% commission on the amount of sales, The executive's goal is to earn 5000 dollars per month. What amount of sales will enable      Log On


   

Question 615207: A sales executive earns 1000 dollars per month plus 5% commission on the amount of sales, The executive's goal is to earn 5000 dollars per month. What amount of sales will enable the executive to earn 5000 dollars or more per month?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
(5000-1000)/0.05=$80,000