SOLUTION: A sales executive earns $1000 per month plus 5% commission on the amount of sales. The executives goal is to earn $5000 per month. What amount of sales will enable the executive
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-> SOLUTION: A sales executive earns $1000 per month plus 5% commission on the amount of sales. The executives goal is to earn $5000 per month. What amount of sales will enable the executive
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Question 615363: A sales executive earns $1000 per month plus 5% commission on the amount of sales. The executives goal is to earn $5000 per month. What amount of sales will enable the executive to ear $5000 or more per month? Answer by nerdybill(7384) (Show Source):
You can put this solution on YOUR website! A sales executive earns $1000 per month plus 5% commission on the amount of sales. The executives goal is to earn $5000 per month. What amount of sales will enable the executive to ear $5000 or more per month?
.
Let x = amount ($) of sales
then
.05x + 1000 = 5000
.05x = 4000
x = 4000/.05
x = 80000
.
Answer: He must have $80,000 in sales or more to meet his goal
