SOLUTION: A salesperson at a car dealership has a base salary of $25,000 per year and earns a 5% commission on total sales. How much must the salesperson sell to earn $50,000 in one year
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Question 777056: A salesperson at a car dealership has a base salary of $25,000 per year and earns a 5% commission on total sales. How much must the salesperson sell to earn $50,000 in one year Answer by FrankM(1040) (Show Source):
You can put this solution on YOUR website! The 5% commission must return $25000.
20 x 5% = 100%
20 x $25000 = $500,000
$500,000 in sales will net a $25,000 commission.
