Question

A work-at-home opporitunity is avalable in which you will recieve 3 percent of the sale for the sales for customers you refer to the company. The cost of your "franchise fee" is $600. How much would your customers have to buy to cover the cost of this fee?

Answer 1

Customer must buy goods worth 20,000 dollars.

Step-by-step explanation:

You will receive a 3 percent income on every sale. The cost of the franchise is $600. For you to meet this cost, you must make sales worth $20,000.00.

Three percent can be represented as 0.03. To meet the franchise cost, 0.03 must equal $600.

if 3 percent =$600, then 100% must be (600/3*100)= $20,000.

if we work the reverse, 3 percent of 20,000 = $600. (3/100*20,000)