Question

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? a. $50,000 b. $70,000 c. $90,000 d. $120,000 Please select the best answer from the choices provided A B C D.

Answer 1

The number of sales Bob needs to make to get $6000 salary this month's is, 70000. The option B is the correct option.

What is percentage ?

Percentage of a number is the part of the number expressed in the in every hundred. Percentage of a number is expressed with the symbol '%'.

The annual salary of Bob is $30,000. As, there is total 12 months in a year. Thus, the monthly salary of Bob is,

$S=\dfrac{30000}{12}\\S=2500$

Thus, the monthly salary of Bob is $2500.

The commission on the sale is 5% on all sales he makes, and the  Bob wants to make $6,000 this month. Thus, the number of sales he needs to make is,

$6000=2500+\dfrac{5}{100}\times n\\0.05n=6000-2500\\n=\dfrac{3500}{0.05}\\n=70000$

The number of sales Bob needs to make to get $6000 salary this month's is, 70000. The option B is the correct option.

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