Question

Jack is a car salesman who works strictly on commission. For every car he sells, he earns a 2% commission. Cars sell for $35,000 each. How many cars does jack need to sell in order to reach his target income of $5,000 for the end of the month?

Answer 1

First we need to find 2% of 35,000

2% equals 0.02 so we'll multiply 35,000 by 0.02

35,000 × 0.02 = 700

for every car he sells jack gets $700

now we need to divide that into 5,000

5,000 ÷ 700 = 7.14

now since you cannot sell 0.14 of a car you need to round up

he needs to sell 8 cars to meet his target income