Mr. Gonzalez earns his living as a salary plus commission employee. His annual salary is $18,000. He makes 4% commission on all of his sales. Mr. Gonzalez wants to earn $60,000 this year. If his earnings are divided evenly throughout the year, how much in monthly sales would Mr. Gonzalez need to have?

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Answer:

its B

Step-by-step explanation:

100% on edg 2020

Mr. Gonzalez's monthly sales must be $87,500.

What is percentage?

"It is a number or ratio that can be expressed as a fraction of 100"

For given example,

Let 's' represents the monthly sale.

So, the annual sales are 12 × s

He makes 4% commission on all of his sales.

So, the commission on (12 × s) sales would be,

= 12 × s × (4%)

= 12× s × 0.04

Mr. Gonzalez wants to earn $60,000 this year.

So, we get an equation,

⇒ 18000 + (12 × s × 0.04) = 60000

⇒ 12 × s × 0.04 = 60000 - 18000

⇒ 12 × s × 0.04 = 42000

⇒ s × 0.04 = 42000/12

⇒ s × 0.04 = 3500

⇒ s = 3500/0.04

s = 87500

Therefore, Mr. Gonzalez's monthly sales must be $87500.

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