Respuesta :
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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