bob gets paid an annual salary of $30,000 and earns 5% commission on all sales he makes. if bob wants to…

bob gets paid an annual salary of $30,000 and earns 5% commission on all sales he makes. if bob wants to make $6,000 this month, how much in sales does he need to have?\na. $50,000\nb. $70,000\nc. $90,000\nd. $120,000\nplease select the best answer from the choices provided

bob gets paid an annual salary of $30,000 and earns 5% commission on all sales he makes. if bob wants to make $6,000 this month, how much in sales does he need to have?\na. $50,000\nb. $70,000\nc. $90,000\nd. $120,000\nplease select the best answer from the choices provided

Answer

Explanation:

Step1: Calculate monthly salary

Annual salary is $30000, so monthly salary is $\frac{30000}{12}= 2500$.

Step2: Set up equation for sales amount

Let $x$ be the amount of sales. Commission is 5% or 0.05 of sales. He wants to make $6000$ this month. So the equation is $2500 + 0.05x=6000$.

Step3: Solve for $x$

Subtract 2500 from both sides: $0.05x=6000 - 2500=3500$. Then divide both sides by 0.05: $x=\frac{3500}{0.05}=70000$.

Answer:

B. $70,000$