Answer:
His March Earnings is $20000
Step-by-step explanation:
Given
[tex]Salary = \$1500[/tex]
[tex]Commission = 5\%\ of\ sales[/tex]
[tex]March\ Earnings = \$2500[/tex]
Required
Determine the monthly sales
Represent the monthly sales with x
The march earnings can be determined using:
[tex]March\ Earnings = Salary + Commission[/tex]
[tex]March\ Earnings = Salary + 5\%\ of\ x[/tex]
Substitute values of March Earnings and Salary
[tex]2500 = 1500 + 5\% * x[/tex]
[tex]2500 = 1500 + 0.05 * x[/tex]
[tex]2500 = 1500 + 0.05x[/tex]
Solve for 0.05x
[tex]0.05x = 2500 - 1500[/tex]
[tex]0.05x = 1000[/tex]
Solve for x
[tex]x = 1000/0.05[/tex]
[tex]x = 20000[/tex]
Hence:
His March Earnings is $20000
