Harry works for a major sporting goods distributor. He earns a base salary of $30,000 per year and 5% commission on his sales. How much will Harry need to sell to earn $50,000 by the end of the year?

Respuesta :

harry made $10,000 that the end of the year.

He needs to sell $400,000 worth of goods.

Base salary = $30000

Percent Commission = 5%

Let the amount of goods that need to be sold be represented by x

Therefore, the equation will be:

30000 + (5% × x) = 50000

30000 + (0.05 × x) = 50000

30000 + 0.05x = 50000

Collect like terms

0.05x = 50000 - 30000

0.05x = 20000

x = 20000/0.05

x = 400000

Therefore, he needs to sell $400,000 worth of goods.

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